Honda and Nissan are considering producing vehicles in one another’s factories as part of their plan to deepen ties and potentially merge, Japan’s Kyodo news agency said.
A merger of Honda, Japan’s second-largest car company, and Nissan, its third-largest, would create the world’s third-largest auto group by vehicle sales, behind Toyota and Volkswagen.
The move comes amid concerns over how president-elect Donald Trump’s policies may shake up manufacturing with his promises of protectionist trade policies, the report said.
