Honda and Nissan Are in Merger Talks. Why Trump’s Tariffs Will Drive Auto Consolidation.
Honda Motor and Nissan Motor are considering a merger or other partnership Wednesday, according to a report, in a sign the Japanese car makers could be fretting that Donald Trump’s imminent return to the White House might hit their bottom lines. The auto industry heavyweights said in a statement Wednesday that they were “considering various possibilities for future collaboration,” but added that a final decision hadn’t yet been made. The Wall Street Journal reported that the pair had confirmed they were exploring a merger.