The Surprising Merger of Honda and Nissan

Honda and Nissan, two iconic Japanese automakers, have proposed a merger that could make them the third largest automotive group globally. This surprising news comes against the backdrop of a competitive automotive landscape where both companies face significant challenges. The merger is perceived as a lifeline for Nissan, struggling to regain its footing after years of management turmoil and declining profits. Honda aims to leverage this partnership to enhance innovation, particularly in electric vehicles and autonomous technologies.