Japan’s Toyota is the world’s biggest automaker by sales, followed by Germany’s Volkswagen. A Nissan-Honda tie-up would see the group overtake South Korea’s Hyundai. In its most recent quarterly results, Nissan said it would cut 9,000 jobs and ...

Japanese automakers Nissan and Honda have announced plans for a merger that would catapult them to a top position in an industry that's in flux as it transitions away from its reliance on fossil fuels.

Japan’s second- and third-largest automakers hope the $50 billion deal would help them catch up with Tesla and China’s BYD in electric vehicles and advanced software.