Honda and Nissan merger could form the world’s third-largest Automaker

International media reports, quoting Japanese automotive giants Nissan and Honda, confirmed that preliminary talks have begun to explore the possibility of a merger between the two companies.

A joint collaboration between Nissan and Honda could potentially lead to the creation of the third-largest automobile manufacturer in the world.

As the two Japanese giants discuss the potential for joint vehicle production at their factories, this move could be part of their strategy to strengthen ties and possibly merge entirely.