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International Business Times UK
International Business Times UK
Vinay Patel

Nissan Shares Soar 24% Amid Reports Of Potential Mega Merger With Honda, Experts Weigh In On Talks

Nissan Honda Mitsubishi Motors
Japanese auto giants Honda and Nissan are in talks for a potential merger, aiming to create a global automotive powerhouse. (Credit: X / ALEX @ajtourville)

Nissan Motor's shares skyrocketed by 23.7% on Wednesday following reports that the automaker is in discussions with Honda Motor over a potential merger.

According to reports from CNBC, such a partnership could create a stronger player in the global automotive market, better positioned to challenge competitors like Tesla and Chinese electric vehicle (EV) manufacturers such as BYD.

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