sg.finance.yahoo.com

Honda and Nissan Plan Joint Software for Next-Gen Vehicles

Nissan logoNissan
Sig2.30Sen-1.20Env0.00Soc0.00Gov-0.80
Honda logoHonda
Sig1.80Sen-1.20Env0.00Soc0.00Gov+0.60

Mibe said the four-wheeler business is targeted to be back on its feet within three years, focusing on North America, India and Japan. Honda and Nissan plan to develop software for next-generation vehicles together, echoing concerns about repeating a prior failed tie-up. It also points to ICE and gas-hybrid demand shrinking in China and the option of using a local partner’s production platform.

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