Nissan Shares Surge 23% After Reports Of Merger Talks With Honda

ToplineNissan Motor’s shares surged sharply on Wednesday morning after reports emerged that the company had initiated talks for a merger with fellow Japanese carmaker Honda, in a move that intended to help Nissan wade through an ongoing crisis and reportedly allow the Japanese companies to compete better against electric vehicle rivals from China and Tesla.Makoto Uchida president and CEO of Nissan, shakes hands with Toshihiro Mibe director, president and ... [+] representative executive officer of Honda, af ...