this post was submitted on 23 Dec 2024
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442
Honda and Nissan announce merger to form world's third largest car company (www.rfi.fr)
submitted 1 day ago by [email protected] to c/[email protected]
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Japanese automakers Honda and Nissan have announced plans to join forces and form the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

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[–] [email protected] 0 points 19 hours ago

And they still are. Toyota and Honda in particular have been spent billions on FUD and harebrained hydrogen projects and then wondering why China is eating their lunch. Meanwhile the doors are closing for non-EV manufacturers in markets which are going all electric coming up to 2030. Japan's auto industry will probably survive in some form but there could be a lot of casualties.