Honda China announced its performance for the past year, and sales continued to decline. Honda China announced on January 9 that Honda's terminal car sales in China in December 2024 were 111,870 units. From January to December 2024, Honda's cumulative terminal car sales in China were 852,269 units, a year-on-year decrease of 30.9%. Japanese automakers Nissan and Honda previously planned to negotiate a merger to better compete amid a rapidly changing global auto industry. In addition, Mitsubishi Motors may also join the merger negotiations. Honda and Nissan are reportedly considering operating through the establishment of a holding company and will soon sign a memorandum of understanding. In addition, the two companies also plan to eventually include Mitsubishi Motors under the holding company. Nissan is currently the largest shareholder of Mitsubishi Motors, holding a 24% stake. The two companies said the merger would help the two automakers compete with Tesla and Chinese electric vehicle companies and would consolidate Japan's auto industry into two major camps. Will you still buy Japanese cars? Zikuai Technology |
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