Vitalik Buterin’s 10-Year Ethereum Plan Teases Critical Network Changes and Future Advancements 
Bitcoin Whales Rush to Sell as Correction Threatens $50K Support, US Rate Cut Looms Large 
Huawei Shares Mate XT Tri-Fold Design Details Ahead of Official Launch 
Shiba Inu Whale Transactions Drop 58%, Major Holders Reduce Activity Amid Market Stagnation 
Starbucks Reserve Roastery Tokyo Debuts Autumn-Inspired Drinks, Including New Cocktails and Lattes 
Warren Buffett’s Crypto Bet Nets 10x Return, Justin Sun Touts Future Profit Potential in Tron 
Bill Gates Reveals His Favorite ChatGPT Feature While Cautioning About AI’s Threat to Society 
Mark Gurman’s Final iPhone 16 Predictions Ahead of Apple’s 'Its Glowtime' Launch Event 
Tesla’s Robotaxi Trials Spark Bold Analyst Predictions Amid Event Hype 
Shiba Inu Community Burns 14 Million SHIB as Burn Rate Climbs 404% in 24 Hours 
McDonald’s Brings Back Boo Buckets with New Designs for Halloween 2024 
Solana (SOL) Faces Potential $90 Price Drop, as Market Prediction Warns of Bearish Trend 
Rivian CEO Shakes Up EV Industry by Rejecting Tesla’s Blueprint for Success 
Where To Buy the adidas Anthony Edwards 1 ‘Georgia’ and Air Jordan 1 Low ‘Howard’ 
Wall Street Braces for Volatility as Jobs Data Signals Slower U.S. Economic Growth 
Britain Needs $1.3 Trillion Investment Over Next Decade to Boost Economic Growth 
Boeing’s Starliner Begins Critical Return from ISS After Months in Space Delays 
In a bid to counter declining market shares, Honda, Nissan, and Mitsubishi Motors are forming a strategic alliance to enhance their competitive edge in the automotive sector.
Mitsubishi to Join Alliance
The Nikkei newspaper reported on Sunday that Mitsubishi Motors of Japan is going to become a member of an alliance with Nissan Motor and Honda Motor, forming a partnership between the three carmakers with over 8 million units sold.
The three companies plan to standardize in-vehicle software that regulates cars, and Mitsubishi Motors, which Nissan owns 34% of, will collaborate with Honda and Nissan to finish off the details of their strategic alliance.
A representative from Nissan would only state that the report was not based on anything either company has disclosed; Mitsubishi Motors chose not to respond. When asked for a comment, Honda spokespeople chose not to answer.
According to Reuters, in the year leading up to March, half of Nissan's global sales came from sales in the United States and China; nevertheless, the Japanese manufacturer has been seeing a gradual decline in its market share in these two major regions, prompting this drive.
Heavy U.S. discounts nearly eliminated the company's first-quarter earnings, prompting Thursday to cut its annual projection.
Electric Car Component Collaboration
March saw announcements from both Nissan and Honda that they were contemplating a strategic alliance to work together on electric car components and AI for automotive software platforms.
The three automakers last year decided to reorganize their long-standing alliance in an effort to create a smaller, more pragmatic, and nimble collaboration; Mitsubishi Motors is already a part of it. The alliance also includes Nissan and Renault of France.
Japanese Industry Boost
The Japanese car industry could benefit from cost savings and increased resources if Nissan, Honda, and Mitsubishi Motors worked together, rather than competing with Chinese giants BYD and Tesla.
In China, the biggest car market in the world, Japanese brands used to dominate, but local manufacturers have stepped up production and won customers over with affordable, software-loaded automobiles.
