The rumors have been building since the two companies began discussing technology sharing, and it seems they'll come true. According to Nikkei, Honda and Nissan are working on executing a merger. The news outlet left its sources anonymous, but says the companies are currently discussing the possibilities. A memorandum of understanding announcing the merger is expected in the near future. The merger would be done using a holding company, and would also eventually include Mitsubishi.
This seems like it could be a much closer and more mutual tie-up than the alliance with Renault was and is, and it presents some interesting possibilities for the future of each company, not to mention their vehicles, from bread-and-butter Honda CR-Vs and Nissan Rogues, to more niche vehicles.
Nissan Motor Corporation is a Japanese automaker founded in 1933 and the parent automaker of Infiniti and formerly Datsun. Nissan produces a wide variety of mass-market vehicles, including popular SUVs like the Rogue, sedans like the Sentra, and trucks like the Nissan Frontier, but is also responsible for iconic sports cars like the Nissan Z and GT-R. Since 1999, Nissan has been part of the Renault-Nissan-Mitsubishi alliance (the name changed when Mitsubishi joined in 2016).
Japanese automaker Honda rose from the ashes of WWII and set about its business as a manufacturer of motorcycles initially, only launching its first car, the T360 kei truck, in 1963. Founder Soichiro Honda targeted the American market as the most important nut to crack, leading to generations of iconic nameplates like the Civic and Accord being among America's best-selling passenger cars. Today, Hondas are renowned for their safety, practicality, and reliability, with a sprinkling of performance from models like the Civic Type R.
Credit = CarBuzz