Greg had the merger scuttlebutt talks overnight:
Honda and Nissan to begin merger talks
Updating now – Reuters reports the two are discussing setting up a holding company.
More:
Merger Talks: Nikkei reports Honda and Nissan are discussing a potential merger under a holding company.Inclusion of Mitsubishi: Mitsubishi Motors (24% owned by Nissan) may also join, forming a major auto group.Global Scale: Combined annual sales of Honda, Nissan, and Mitsubishi would surpass 8 million vehicles.Company Responses:Honda: Exploring options but has not confirmed the report.Nissan: Report content not officially announced; stakeholders will be informed if updates arise.
This is all related to Chinese EVs taking over the world ….
Any excuse to post a motorcycle related pic!
This article was written by Eamonn Sheridan at www.forexlive.com.
