- cross-posted to:
- globalnews
- cross-posted to:
- globalnews
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.
Whelp, Renault is getting super fucked. Bailing out Nissan was a mistake.
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.