Nissan shares surged 23.7% on reports of a potential merger with Honda to form a stronger automaker capable of competing in the electric vehicle market. The merger, which may lead to a holding company structure, is driven by Nissan’s financial struggles, prompting plans to integrate Mitsubishi Motors as well. Although Honda shares dipped 3%, experts suggest that combining resources could enhance technology access and economies of scale for all three companies. This partnership reflects ongoing challenges in the global auto industry, particularly in adapting to EV demand. Nissan stated no official decisions have been made yet regarding the merger.
