Nissan Motor Co (JP:7201) has released an update.
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Nissan, Honda, and Mitsubishi Motors have signed a memorandum of understanding to explore Mitsubishi’s involvement in a potential business integration, focusing on intelligence and electrification through the establishment of a joint holding company. This strategic collaboration aims to enhance synergies and deliver greater value to customers amid significant industry changes. Mitsubishi plans to decide on its participation by January 2025.
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