Honda and Nissan officially begin merger talks to create world's third-largest automaker

Vehicles are offered for sale at a Nissan dealership on December 18, 2024 in Libertyville, Illinois.Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world's third-largest automaker by sales.The proposed deal was first reported by Japan's Nikkei newspaper on Dec. 17.Both companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China's BYD.Nissan shares spiked following the initial re ...