Details of the merger of Honda and Nissan, which may lead to inexpensive cars, have emerged

The merger of Honda and Nissan into one corporation surprised many people. But the second manufacturer needs to be rescued. And the future of low-cost models looks interesting. New information about the deal has emerged.

Earlier, Honda and Nissan announced the signing of a memorandum of understanding. They consolidated cooperation with the prospect of further merger into a larger company. According to Motor1, the situation with Mitsubishi has also been clarified.

Mitsubishi (which, along with Nissan, is in an alliance with Renault) had previously joined the project, but only in an observational role. Now it is reported that Mitsubishi is not interested in participating. Although the manufacturer has not yet commented on the process.

It is known that Japanese companies will develop new cars on common platforms and units. That is, the new Honda CR-V and Nissan X-Trail are likely to be technically very similar vehicles. But they will probably differ in design and interior decoration. The same goes for the Nissan Qashqai and Honda ZR-V (HR-V) compact crossovers. As well as the Honda Civic and Nissan Sentra.