Nissan, Honda Announce Merger, Creating World’s Third-Largest Carmaker

Japan’s Honda and Nissan are planning a merger, which would create the world’s third-largest carmaker as the industry pivots away from fossil fuels. The company’s two presidents, Toshihiro Mibe of Honda and Makoto Uchida of Nissan, signed a memorandum of understanding on Monday, projecting the establishment of a holding company by August 2026, which could […]