Honda and Nissan plan to finalize the framework of business merger by the end of January next year

According to Kyodo News, Honda and Nissan Motor Co. plan to finalize the framework of their business merger around the end of January 2025. According to Reuters on the 24th, the two Japanese automakers, Honda and Nissan, said they had agreed to start formal negotiations on the merger, with the goal of completing the transaction by August 2026 to create the world's third largest automobile group.