The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the country’s best-known carmakers looking to join forces.

Honda Motor Co. and Nissan Motor Co. both saw global vehicle sales stagnate or fall in 2024, underscoring the need for the pair to combine and arrest their sliding market shares.

As talks between the automakers continue, analysts say a combination makes sense but may face hurdles, including short-term financial hardship.

Despite reports that Mitsubishi would not be a part of the Honda-Nissan merger, officially no decision has been made

As Honda and Nissan push forward with merger plans, Mitsubishi Motors may bow out, citing doubts about its influence in the new partnership.

Mitsubishi is thought to be concerned about its management freedom, as the future of Nissan’s management restructuring is not clear.

The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers are posing

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There's a lot at stake here, with other players like Renault and Mitsubishi involved as well, to say nothing about Foxconn's intervention in the matter. At the core of this merger is the elephant in the room,

Renault is looking to secure a premium payout for its 36% stake in Nissan if Honda moves forward with an acquisition of its Japanese rival.According to a report from Bloomberg, representatives from the French automaker traveled to Japan this week to express concerns about the structure of a potential Honda-Nissan merger,