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Investing.com -- Nissan (OTC:NSANY) Motor has started discussions with Honda (NYSE:HMC) about supplying vehicles in the United States, considering using its underutilized American manufacturing facility to produce large models for Honda, according to Nikkei Asia on Friday.
The talks come as Japanese automakers seek ways to increase local production in the U.S. amid persistent gaps in Japan-U.S. trade negotiations and concerns over potential tariff impacts.
Nissan is specifically exploring the possibility of manufacturing pickup trucks for Honda at its Canton plant in Mississippi, the report said.
The facility, one of Nissan’s two U.S. vehicle production sites, currently focuses on models like the Frontier, a midsize pickup truck designed for commercial use.
Under the arrangement being considered, Nissan would produce the trucks carrying Honda nameplates, which Honda would then sell under its own brand in the American market, according to the report.
The two Japanese automakers previously discussed a potential merger that would have created the world’s third-largest automotive group. However, those negotiations fell apart after Nissan rejected Honda’s proposal to make it a subsidiary.
Now, with growing tariff concerns, both companies appear to be moving toward renewed cooperation to rebuild their relationship.
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