but noted the merger was “based on the assumption that Nissan completes its turnaround action.” “If Nissan and Honda fail to stand on their own feet the business integration talks will not come to fruition,” he said. Nissan CEO Makoto Uchida told ...

The merger talks come amid competition from China in the auto industry and the increasing popularity of electric vehicles.

Auto giants Honda and Nissan announced that they're going to begin talks about a merger, bringing the Japanese automakers under a single umbrella.