Tag: COMPETITION
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Honda-Nissan Merger Canceled: What It Means for the Auto Industry
Honda and Nissan have officially canceled their planned merger, announced in December 2024, after significant disagreements during negotiations. Nissan made the announcement on February 13, 2025, confirming the termination of their memorandum of understanding with Honda and Mitsubishi Motors. The merger aimed to create the world’s third-largest automaker, competing with giants like Tesla and BYD,…