Honda and Nissan have announced plans to join forces, forming the world’s third-largest car maker by sales.
The two Japanese companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors had also agreed to join the talks on integrating their businesses.
The merger would catapult the firms into a top position in an industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels.
Sourse: breakingnews.ie
