On December 18th, according to Nikkei News, Honda and Nissan have entered into merger negotiations to adapt to rapid global competition. According to informed sources, Honda and Nissan are considering forming a holding company and are expected to sign a memorandum of understanding in the short term. As for the shareholding ratio and other related details of both parties in the new company, they will be determined later. It is worth mentioning that Nikkei News mentioned that the two companies also plan to include Mitsubishi Motors in the holding company system. Currently, Nissan is the largest shareholder of Mitsubishi Motors, holding 24% of the company's shares.