Honda and Nissan to jointly develop vehicle sofware, Nikkei reports

Investing.com -- Honda Motor and Nissan Motor are expected to reach an agreement as soon as Monday on developing a shared operating system and onboard computer for new vehicles starting in 2029, the Nikkei newspaper reported Saturday.

Honda stated that no deal has been finalized and that the Japanese automaker is discussing "potential areas of collaboration" with Nissan and Mitsubishi Motors Nissan CEO Ivan Espinosa said earlier this month that the company was discussing possible areas of software collaboration with Honda.

The development comes more than a year after Nissan and Honda ended merger talks that would have created a $60 billion car company.

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