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Honda and Nissan announce plans to merge, creating world’s third-largest automaker

Nissan Motor CEO Makoto Uchida, left, and Honda Motor CEO Toshihiro Mibe attend a joint news conference on March 15, in Tokyo, Japan. The automakers announced their partnership on electric vehicles Monday. (Tomohiro Ohsumi/Getty Images) 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 MitsubishiRead more


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