If the deal goes through, the merged group has the potential to deliver revenue of 30 trillion yen and operating profit of over 3 trillion yen, Honda CEO Toshihiro Mibe said.Nissan's strategic partner Mitsubishi has been offered the chance to join the new group and will take a decision by the end of January 2025.
"There are so many warning signs, so many red flags around Nissan at the moment that something had to happen. Whether this is the answer is another question," Wells added.
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