Honda and Nissan in Talks for Possible Merger

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Japanese carmakers Honda and Nissan are in talks to deepen ties, according to sources, including a possible merger, as challenges from Tesla and Chinese rivals urge a restructuring of Japan’s auto industry. Their combined 2023 sales totalled 7.35 million vehicles, more than the 7.31 million reported by South Korea’s Hyundai and its affiliate Kia, currently the world’s third-largest auto group.Honda produced 4.19 million vehicles globally last year, while Nissan manufactured 3.44 million vehicles.Honda had 194,993 employees as a consolidated group, while Nissan employed 133,580 as of the end of March, according to securities filings.

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Honda and Nissan in Talks for Deeper Partnership, Possible MergerHonda Motor Co., Ltd. and Nissan Motor Co., Ltd. are in talks to deepen their strategic partnership, which may lead to a full merger. This comes as both companies face challenges from Tesla and Chinese rivals. A combined entity would create a $54 billion company, the world's third-largest auto group by vehicle sales.
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Honda and Nissan in Merger Talks to Combat EV CompetitionJapanese auto giants Honda and Nissan are reportedly in preliminary merger discussions, aiming to bolster their competitiveness against Tesla and Chinese electric vehicle manufacturers.
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