Honda eyes making Nissan its unit amid slow progress in merger talks

Honda Motor Co. has sounded out Nissan Motor Co. about becoming its subsidiary, in what would be a major change to their current plan to merge under a holding company, sources familiar with the matter said Tuesday.The two carmakers said in December that they had agreed to begin talks on merging under a holding company in 2026, while maintaining their respective brands.The latest move comes as struggling Nissan has yet to convince Honda that it is on track for a successful business turnaround, a premise the two companies had agreed upon for the planned merger, according to the sources.Honda'…READ FULL ARTICLE