Honda and Nissan have agreed to attempt to merge to form the 3rd largest automaker in the world.

Honda and Nissan have announced that they intend to merge their companies. Mistubshi Motors has also agreed to join the merger talks. The companies plan to finalize the merger by 2026. The merger would create the 3rd largest automaker in the world and allow the new company to better compete with Chinese, German, and American companies.

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https://apnews.com/article/japan-nissan-honda-evs-foxconn-782913451d6487ed177a3517a9ba5be5