Japanese automotive giants Honda and Nissan have officially confirmed ongoing negotiations for a merger, which may include Mitsubishi Motors. The alliance aims to create significant synergies and enhance competitiveness against global players like Tesla. The companies plan to finalize discussions by June 2025 and consider forming a holding company by August 2026. This merger would position them as the world’s third-largest automaker by combining their sales. The move may also provide production flexibility in response to potential tariffs under Donald Trump’s presidency.