this post was submitted on 23 Dec 2024
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Honda and Nissan announce merger to form world's third largest car company (www.rfi.fr)
submitted 2 days ago by Joker@sh.itjust.works to c/technology@lemmy.world
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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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[–] nevemsenki@lemmy.world 22 points 2 days ago (1 children)

Whelp, Renault is getting super fucked. Bailing out Nissan was a mistake.

[–] sugar_in_your_tea@sh.itjust.works 1 points 1 day ago

How so? Renault had a massive stake and likely made bank while Nissan did well in the US, and they'll probably get a good deal on their shares with this merger. They're probably making out like bandits.