Nissan shares surge 23.7% after Honda merger reports

Japanese carmakers are in talks to operate under holding company, to soon sign MOU

20241218 Nissan stock

Nissan Motor says it is considering "various aspects of future collaboration" with Honda Motor and Mitsubishi Motors, "including the contents of the media reports." (Photo by Ken Kobayashi and Mizuho Miyazaki)

YUICHI SHIGA and SAYUMI TAKE, Nikkei staff writers

TOKYO -- Nissan Motor's shares surged on Wednesday, following a report that the Japanese automaker will enter negotiations toward a merger with Honda Motor, another carmaker based in Japan.

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