PREVIEW

Honda and Nissan End Merger Talks but Continue EV Partnership. Honda and Nissan have officially ended discussions on a merger but will maintain their partnership on electric vehicles. The two Japanese automakers, along with Mitsubishi, initially explored joining forces to counter rising competition, particularly from China. Instead, they will collaborate under a strategic partnership focused on intelligent and electrified vehicles. The move comes as Nissan faces declining sales and internal challenges recently announcing mass layoffs to address struggles in China and the U.S. With Chinese manufacturers like BYD dominating the electric vehicle market global automakers are under increasing pressure to stay competitive.
Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT