Dire outlook in China prompts Honda, Nissan to join hands globally

Nissan cars in China — Nissan produced 779,756 cars and light trucks in China during the fiscal year that ended in March, about half of its peak output in recent years. Honda in July said it will close factories and reduce capacity by 20 percent in China, with more cuts planned. (Qilai Shen/BLOOMBERG)

December 23, 2024 01:28 PM

Among the reasons for Honda Motor Co. to merge with Nissan Motor Co., one looms large: China.

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