Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Paolo Confino

Nissan and Honda merger could be a move to head off crippling Trump tariffs

President-elect Donald Trump sitting behind the wheel of a white convertible (Credit: Taylor Hill—FilmMagic)
  • Merging the two companies would increase their U.S. manufacturing footprint and reduce their exposure to import taxes. Nissan has three plants in the U.S.; Honda meanwhile has 12 facilities. President-elect Trump is hoping tariffs will force foreign companies to make more of their cars in the U.S.: “I want [foreign] car companies to become American car companies. I want them to build their plants here,” Trump said in September.

The Japanese car giants Nissan and Honda are exploring talks to build a closer relationship that could include a merger, according to reports. Combined, Japan’s second- and third-largest carmakers would become closer in size to Toyota, which would remain the world’s top automaker. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.