<ul><li>The merger between Nissan Motor Co. and Honda Motor Co. will help create the world's third-largest automaker by volume by sharing costs and building stronger credit quality.</li><li>The merged unit will allow the automakers to share research and development costs, benefiting the introduction of new electrified powertrain models in regions like China.</li><li>Honda is considered the stronger credit in the merger, reflecting a better track record of stable profit and cash flow, diversification outside of automobiles into motorcycles.</li><li>The integration can help mitigate potential effects of increased tariffs on imports to the US and enhance product diversification for Nissan.</li></ul>

Nissan, Honda Merger To Be Credit Positive, To Help Become Third Largest By Volume: Moody's

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