Menu Close

Nissan, Honda expected to announce plans to merge, creating world’s No. 3 automaker

Japan_Nissan_00138TOKYO (AP) — Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No. 3 in a global industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels while facing intensifying competition from Chinese rivals.