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What are the bumps in the road to a Honda-Nissan merger?

Deal terms, Renault’s position, differing cultures and a possible rival bidder could all upset plans for a combination
Honda and Nissan have entered talks to merge, but obstacles remain

Honda and Nissan are in talks to merge Japan’s second-largest and third-largest carmakers, aiming to create a global giant with the scale to compete against Tesla and Chinese rivals.

But the history of automaker mergers is littered with smouldering wrecks. Honda and Nissan must overcome hurdles that have scuppered other combinations, from differences in corporate culture to political issues.

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