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As Nissan falters, Toyota may offer lifeline in quiet, government-backed move

Once a pillar of Japan’s automotive might, Nissan now finds itself in financial peril, with talks of potential mergers or alliances repeatedly falling through. After a failed merger attempt with Honda, Japan’s second-largest automaker, reports from Japanese media suggest that Toyota—Japan’s largest and most influential carmaker—may be quietly extending a helping hand. However, neither Toyota nor Nissan has confirmed the rumors through official channels.