And will a merger with Honda make the difference?

Automakers Honda and Nissan are the latest automakers to be talking about merging. They probably won’t be the last.

Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.

Honda and the financially troubled Nissan have announced plans to merge, with Mitsubishi Motors expected to decide on its ...

This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.

Nissan and Honda said they had signed a memorandum of understanding on Dec. 23 and that Mitsubishi Motors Corp. also had agreed to join the talks on integrating their businesses.

This merger could create the world’s third-largest automaker, with combined resources to dominate the EV market. Honda and Nissan hope to outpace rising Chinese brands like BYD and Nio.

Shares of Nissan Motor Co. closed 23.7% higher on Wednesday, following reports that the Japanese automaker was planning merger discussions with Honda Motor Co. Some analysts said any deal would be ...