Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend a joint press conference in Tokyo, Japan March 15, 2024. — Reuters
BENGALURU: Honda and Nissan expect big benefits from their potential merger to create the world’s third-largest auto group but intense competition in the segment raises questions about whether they can make it work in time.
The Japanese automakers said they had agreed to begin formal talks on a merger, aiming to finalise the deal by August 2026.
