KUALA LUMPUR (Dec 18): Nissan Motor Co and Honda Motor Co are exploring various possibilities for future collaboration, according to Nissan, amid news of a possible merger with Honda.
“The content of the report is not something that has been announced by either companies.
“As announced in March of this year, Honda and Nissan are exploring various possibilities for future collaboration, leveraging each other’s strengths. If there are any updates, we will inform our stakeholders at the appropriate time,” Nissan Motor told The Edge in an email reply.
According to various reports, Honda and Nissan are considering a potential merger, aiming to compete more effectively with Toyota in Japan and globally.
Bloomberg News on Wednesday, citing people familiar with the matter, said preliminary talks between the companies are underway, with one possibility being the establishment of a new holding company to manage their combined operations.