Japan’s Toyota is the world’s biggest automaker by sales ... of the company’s shareholders may feel that the deal would represent Honda supporting Nissan, but noted the merger was “based on the assumption that Nissan completes its turnaround ...

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.

Facing extreme competitive pressure from the rise of Chinese EV makers, the Nos. 2 and 3 Japanese automakers turn to each other to build strength.