News brief

Nissan and Honda consider closer collaboration. Japanese automakers Nissan and Honda have confirmed Dec. 18 that they are discussing closer collaboration but denied reports they have decided on a merger to form the world’s third largest automaking group. The companies issued a statement that said they were “considering various possibilities for future collaboration, but no decisions have been made.” Nissan recently announced it was slashing 9,000 jobs and cutting its global production by 20%, as Japanese automakers have lagged behind big rivals in EVs such as China and are now trying to cut costs and make up for lost time.

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