Japanese automakers Nissan Motor and Honda Motor are reportedly in talks to merge in order to better compete in the global automotive industry. The companies are considering operating under a holding company and may bring Mitsubishi Motors under the same umbrella. The potential merger would result in a combined enterprise with over 8 million vehicle sales annually, positioning it among the world's largest automakers. While Honda and Nissan have not confirmed the report, they have acknowledged exploring collaboration opportunities. The move follows a strategic partnership between the two automakers earlier this year and reflects a trend towards industry consolidation to compete with Chinese automakers and electric vehicle leader Tesla.
Source: https://www.cnbc.com/2024/12/17/japans-honda-and-nissan-to-reportedly-begin-merger-talks.html