Nissan Motor Co (JP:7201) has released an update.
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Nissan Motor Co. and Honda Motor Co. have signed a memorandum of understanding to explore a business integration aimed at creating a joint holding company. This integration is set to leverage both companies’ strengths to improve competitiveness, drive innovation, and meet global customer needs by focusing on areas such as environmental technologies, electrification, and software development. The collaboration seeks to enhance corporate value and deliver innovative products, projecting significant revenue and profit growth through synergies.
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