Honda and Nissan Discussing Possible Merger

The 8th and 9th biggest carmakers in the world may soon be one, Honda and Nissan discussing a possible merger.

Transcript

00:00The 8th and 9th biggest car makers in the world may soon be one.

00:05Honda and Nissan discussing a possible merger and a potential third Japanese auto giant Mitsubishi

00:12may also be in the mix. Honda and Nissan announced in March they would partner on electric vehicles

00:18and in August said they would collaborate on battery technology.

00:22Both however have struggled with EV adoption slowing and gas prices remaining low.

00:28Nissan said that its operating income between March and September

00:32fell 90% from the same period in the previous year.