# Nissan and Honda announce plans to merge

Nissan and Honda signed a memorandum of understanding on December 23, 2024, to merge, creating the world's third-largest automaker. Mitsubishi Motors also agreed to join the talks.

- Type: Acquisition
- Announced: 2024-12-23
- Where: Japan
- Status: announced
- Products: automobiles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nissan](https://endata.com/companies/1785.md)
- [Honda](https://endata.com/companies/17700.md)
- [Mitsubishi Motors Corporation](https://endata.com/companies/16452.md) (partner)

## Sources

- [apnews.com](https://apnews.com/article/japan-nissan-honda-evs-foxconn-782913451d6487ed177a3517a9ba5be5), 2024-12-23: "The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.