The shares of financially struggling automotive company Nissan gained nearly 24% during today's Asian session after news of the company's potential merger with Honda circulated around the world. Both companies face competition from Tesla and Chinese electric vehicle makers, both of which have been climbing the ranks of the segment's largest companies in recent times.
According to two anonymous Reuters sources, the talks are focused on finding ways to strengthen cooperation and include the possibility of either forming a holding company or conducting a full merger.
A combined Honda and Nissan would create a $54 billion company with annual production of 7.4 million vehicles, making it the world's third-largest automotive group by vehicle sales.
The news from the Far East today supports valuations of Renault (RNO.FR) shares, which are currently gaining 7%. The French auto giant remains Nissan's largest shareholder, holding a 36% stake.
Renault's shares are gaining 7% today, breaking out to the highest levels seen since July.
Source: xStation 5
TSMC Earnings Preview: Will the Key Semiconductor Supplier Surprise the Market?
Gold hits a record, as stocks rally on earnings strength
US Open: American Indices Rally on Anticipated End of Fed Balance Sheet Reduction
Bank of America, Wells Fargo, and Morgan Stanley: Q3 2025 Earnings Overview
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
