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Honda and Nissan Plan Merger to Rank Third in Global Auto Industry by 2026

  • Honda and Nissan are discussing a possible merger to become the world's third-largest car group by sales.
  • The merger aims to deal with competition from top brands like BYD and Tesla.
  • The companies plan to achieve ¥30 trillion in revenue and ¥3 trillion in operational profit through the merger.
  • The merger timeline includes finalization by June 2025 and completion by August 2026.

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