Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales. The companies aim to have a formal merger agreement by June and complete the deal by August 2026. The merger is driven by the need to cut costs and catch up in the electric vehicle market. The potential merger could create a behemoth worth over $50 billion based on market capitalization. This move comes after a preliminary agreement in March and follows a partnership announcement in August to share components for electric vehicles and research software for autonomous driving. Honda is seen as the only likely partner to rescue Nissan, which has been struggling since a scandal involving its former chairman, Carlos Ghosn, in late 2018.
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T.N. becoming unsafe for people, alleges Annamalai
K. Annamalai, the BJP State president, criticized the deteriorating law and order situation in Tamil Nadu, citing recent murders in Tiruppur district. He expressed concern over the lack of arrests in previous cases, including a family of three and four individuals being killed in separate incidents in 2024 and 2023. Annamalai alleged that the state has become unsafe due to rising criminal activities like murder, sexual assault, drug use, and burglary, leading to a loss...
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