Nissan and Honda are "advancing various discussions" regarding proposed mergerHonda reportedly proposed to make Nissan a subsidiaryMerger is seen as potential lifeline for Nissan, would create one of world's largest automakersThe anticipated merger between Honda and Nissan announced last December, may be encountering significant challenges that, according to reports, could lead to its cancellation. Now a series of reports citing insiders—and potentially part of the give-and-take of negotiation—indicate that Nissan is reconsidering its participation in the merger. Unlike Honda, Nissan has been struggling with declining sales, particularly in the U.S. and China, raising uncertainty about its future without the merger. Even without the merger, Honda and Nissan may deepen their collaboration. Combined sales of Honda and Nissan in 2023 totaled more than 8 million vehicles.