Honda and Nissan have signed a memorandum of understanding to start discussions that could pave the way for a merger, reports GlobalData.

NEW DELHI: Japanese companies Honda and Nissan's plans to merge operations in view of tough business ... has been struggling on sales front. Both Nissan and Renault have scored limited success ...

Honda and Nissan plan to merge operations in response to tough business challenges, which may significantly impact their global and Indian operations.

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With Honda and Nissan making known their merger intentions, it now remains to be seen what this will imply for Renault. There has been no official statement from the French automaker which for ...