Nissan Motor Stock News

The global automotive industry is on the verge of a seismic shift. Honda Motor Co., Ltd.

Embattled Honda and Nissan are in talks to merge at a time of auto industry upheaval. The post 3 Powerful Forces Driving Honda And Nissan Into Each Other's Arms appeared first on Investor's Business Daily.

American depositary receipts (ADRs) of Honda (HMC) advanced Tuesday after Moody's gave a positive outlook about the potential merger between the automaker and Japanese rival Nissan.

Investors have been keenly watching both Honda Motor Co Ltd (TYO: 7267) and Nissan Motor Co Ltd (TYO: 7201) ever since the two legacy car companies announced plans of a merger to create the world's third-largest automaker.

Honda and Nissan expect big benefits from their potential merger to create the world's third-largest auto group but intense competition from China raises questions about whether they can make it work in time.

The auto industry is getting increasingly competitive and midsize car makers are feeling the pressure.

Former Nissan CEO Carlos Ghosn told CNBC that the company would be "victim of a carnage" if it merges with Honda due to "total duplication" between the Japanese automakers. Honda and Nissan on Monday unveiled plans for a potential business integration in order to compete in the electric vehicle transition.

Japanese automakers Honda and Nissan will attempt to merge and create the world's third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.