Toyota approached Nissan for alliance after Honda merger failed

Following the collapse of Nissan and Honda merger talks, Toyota executives reportedly approached Nissan to discuss potential collaborations. Toyota is the world's top-selling automaker for five consecutive years. Toyota, which holds stakes in several Japanese automakers, expressed interest in exploring partnerships with Nissan after the failed merger. Nissan declined to comment, while Toyota is verifying the reports. Nissan is also focusing on internal reforms and new product launches. Nissan is undergoing restructuring, including job cuts and factory closures, while also deepening its partnership with Dongfeng in China. Former Nissan CEO Carlos Ghosn criticized the company's current state, citing past expansion efforts.