Jess Weatherbed, writing at The Verge:
"Honda and Nissan have announced plans to merge as the Japanese automakers struggle with competition from rival brands in the electric vehicle market. The two companies confirmed on Monday that they had signed a memorandum of understanding that would create the third largest car maker by sales, behind Toyota and Volkswagen.
"Nissan alliance member Mitsubishi Motors is also in talks with Honda and Nissan to join the integration, with a decision expected by the end of January."
Wow, this would be a big merger! I was a Honda fan when I was younger, and have owned 3 Hondas—my first new car was a Honda CRX that I remember fondly. I credit Honda for my love of small, light, sporty cars. Sadly, Honda has lost that touch—the Civic is unrecognizably big. Let's hope that this combo can make some interesting cars.
Honda and Nissan plan to merge as we enter the age of electric cars
Mitsubishi is also in talks about joining the partnership.