Nissan stock trading resumes in Tokyo after halt over merger report

Nissan stock trading resumes in Tokyo after halt over merger report
Uchida, 53, was named on Tuesday to replace Hiroto Saikawa, who resigned in September after being implicated in an excess pay scheme/AFP

TOKYO, Dec. 18 (Xinhua) — The Tokyo Stock Exchange on Wednesday resumed trading of shares in Nissan Motor, after announcing earlier it would temporarily suspend it to verify media reports regarding possible merger talks between the auto giant and Honda Motor.

Local media reports have said Japan’s second and third largest automakers are arranging talks to merge amid growing global competition in electric vehicles and other sectors.