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Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels.
The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors Corp. also had agreed to join the talks on integrating their businesses.
MORE: https://www.wthr.com/article/news/nation-world/nissan-honder-merger-talks/507-63deab33-4f4b-401e-bebd-bd8788e186b9