The Japanese car manufacturers Honda $7267 (+0.26%) and Nissan $7201 (-1.58%) are considering a merger, according to media reports.
The joint production capacities, sales channels and development departments could thus strengthen their own market position in the battle against Chinese manufacturers.
It is also possible that Mitsubishi $8058 (+0.45%) may also become part of the new alliance.
No exact deal has yet been made.
