1515 GMT - Honda Motor and Nissan Motor would need to overcome many hurdles to get a potential merger to the finish line, JPMorgan analysts say in a research note. The two Japanese carmakers have challenges of their own, JPM says. "We think seeking a merger is one option for both companies, but feel that the hurdles to overcome would be high," the analysts say. Nissan would need to clarify where its complex relationship with Renault will end up and its own restructuring plan, according to JPM. Meanwhile, Honda needs to show how it plans to manage major electric-vehicle and battery investments in Canada, the analysts say. Nissan shares closed nearly 24% higher, and Honda fell 3%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
December 18, 2024 10:15 ET (15:15 GMT)
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