# Japanese automakers Honda and Nissan are in preliminary talks about a potential merger to strengthen their position against Tesla and Chinese electric vehicle makers. A holding company and a strategic tie-up with Mitsubishi Motors are among the options. Shares in Nissan surged 24-percent, while Honda dropped two-percent. Analysts believe a merger could bolster competition with Toyota and global electric vehicle giants, though political backlash and job cuts remain concerns. An official announcement is expected on Monday.
Honda and Nissan in merger talks to compete in electric vehicle market