On perhaps a very introductory level summary, it appears Nissan was in talks with Honda about the prospects for a merger, then Honda may have wanted Nissan to be a subsidiary, from there, talks started to stall. Prospective names for the holding company may have had some issues. Mitsubishi was at the merger table. There are news stories stating merger talks may have even terminated. Whereat there are stories going around saying some kind of collective interface between the two automakers might still emerge if certain key figures step down. Public numbers for Nissan's recent performance are indicative of certain categories of financial losses.
Potentialities from Tesla to help pick up the pace as a recourse, has also been found in the news.
Theme in the backdrop is pars having to do with trends of electric vehicles, as well as other aspects that make vehicles more technologically advanced, such as in the computer and robot context.
New dimensions of cars besides gas efficiency that make cars competitive, like can the doors open up, and turn the music on, at vocal command.
What all the exact truths are in the moment to moment of the timeline might not ever be known to any one person outside the businessmen actually at the table; the big proof in the big bowl of pudding, is if and when a new holding company is announced, business deal complete, and vehicles are on the road with the new status.
Posted by HCN.