12:23 PM EST, 12/17/2024 (MT Newswires) -- Honda Motor ( HMC ) and Nissan Motor will begin merger negotiations, Nikkei reported Tuesday.

The automakers are mulling operating under a holding company and will soon sign a memorandum of understanding, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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