Honda (HMC) and Nissan in Merger Talks to Compete with Tesla

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Dec 17, 2024
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According to reports, Honda (HMC, Financial) and Nissan are planning to enter discussions regarding a potential merger, which could eventually include Mitsubishi Motors. The two Japanese automotive giants aim to sign a memorandum of understanding to explore holding equity in a new holding company. The merged entity would operate under this company. This strategic move is intended to bolster their competitive stance against electric vehicle rivals like Tesla (TSLA) and Chinese automakers.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.