TOKYO -- Honda Motor and Nissan Motor will enter into merger talks in order to preempt a possible bid for the latter from Taiwan's Hon Hai Precision Industry, also known as Foxconn, according to people familiar with the negotiations.
Automobiles
'Foxconn risk' sped up Honda-Nissan merger talks, sources say
Japanese carmakers reacted to Taiwan company's move to acquire shares from Renault
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Honda, which formed a strategic partnership with Nissan in August, was worried by Foxconn's recent moves to acquire shares in Nissan. (Nikkei Montage/Source photos by Sae Kamae and Hideaki Ryugen)
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