Honda and Nissan Eye June Deal to Finalize Merger

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Honda Motor Co. and Nissan Motor Co. are targeting to finalize merger talks by June, according to Kyodo news agency citing sources. The two major Japanese automakers are expected to announce the start of discussions regarding the merger today, which would create the world's third-largest car manufacturing group in terms of production volume. Honda and Nissan, Japan's second and third-largest car manufacturers by production volume, are each expected to operate under a parent company, with Mitsubishi Motors Corp., Nissan's partner, also considering joining them. Kyodo reported that the move aims to enhance cost competitiveness and explore the electric vehicle (EV) market currently dominated by competitors from the United States and China.

TOKYO: Honda Motor Co. dan Nissan Motor Co. menyasarkan untuk memuktamadkan rundingan penggabungan mereka pada Jun ini, lapor agensi berita Kyodo memetik sumber yang mengetahui perkara itu.

Honda dan Nissan, pengeluar kereta kedua dan ketiga terbesar Jepun dari segi jumlah pengeluaran, masing-masing dijangka beroperasi di bawah sebuah syarikat induk, dengan Mitsubishi Motors Corp, rakan kongsi Nissan, turut mempertimbangkan untuk menyertai mereka. “Honda dan Nissan akan berusaha untuk berkongsi kos pembangunan yang tinggi dan mengurangkan perbelanjaan pengeluaran dengan menggunakan komponen yang sama.

Honda dan Nissan bersetuju pada Mac untuk melancarkan kajian kebolehlaksanaan mengenai perkongsian pengeluaran EV strategik, termasuk pembangunan teknologi perisian berkaitan, bagi mengurangkan kos dan meningkatkan daya saing.

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