Nissan's shares surged 23.7% on Wednesday after reports suggested a potential merger with Honda to compete with larger rivals and invest in electric vehicles.

 

Nissan's shares surged 23.7% on Wednesday after reports suggested a potential merger with Honda to compete with larger rivals and invest in electric vehicles.

 

 

Nissan's shares surged 23.7% on Wednesday after reports suggested a potential merger with Honda to compete with larger rivals and invest in electric vehicles. This would create a holding company with both brands, and eventually Mitsubishi Motors. 

 

Nissan’s financial struggles, including job cuts and production slashes, have sparked talks for revitalization. Analysts believe the merger could help them gain scale, access new technologies, and mitigate innovation risks in the competitive automotive industry. Mitsubishi’s shares also rose 19.7%.