World Business Report

Honda and Nissan to create world's third biggest carmaker

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Sam Fenwick hears from former chief operating officer & long-time executive at Nissan Andy Palmer, as Honda and Nissan announce a plan to merge. It would mean the new, world's third-biggest carmaker, which could also include Mitsubishi, could be in operation by August 2026. Plus US President-elect Donald Trump has said the fees charged to use the Panama Canal are “ridiculous” and that it should be handed back to the US unless the “rip-off” stops. We ask if those fees have risen and whether Mr. Trump's words are an empty threat.