Japanese Auto Giants Nissan, Honda Eye Merger, Says Nikkei

Japanese automakers Nissan Motor Co Ltd NSANY and Honda Motor Co Ltd HMC are reportedly negotiating a merger, first revealed by the Nikkei newspaper Tuesday, aiming to consolidate under a holding company and include Mitsubishi Motors.What To Know: Per Nikkei, the combined Nissan-Honda-Mitsubishi group could account for over eight million annual vehicle sales, positioning it among the largest automakers but trailing Toyota Motor's 11.2 million and Volkswagen's 9.2 million.Per a report by CNBC, Nissan and Hon ...