Japan's Honda, Nissan agree to start talks for 2026 merger

TOKYO, Dec. 23 (Xinhua) -- Japanese automakers Honda Motor and Nissan Motor announced Monday they have agreed to begin talks on a merger that would establish a new holding company by around August 2026, as the global auto industry's competition in electrification and software integration intensifies.

The two companies signed a memorandum of understanding to start discussions toward a business integration under a