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The Tennessean

The Tennessean

Nissan, Honda merger seen as positive for Tennessee amid EV challenges

The Tennessean
Summary
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Japanese automakers Nissan and Honda are reportedly beginning negotiations to merge.

This comes a month after Nissan announced 9,000 global layoffs and a 20% reduction in manufacturing capacity.

Nissan North America Director of Corporate Communications Kyle Bazemore did not corroborate the merger negotiations.

The two companies' stock prices initially rose on Tuesday following reports of merger discussions.