Free Republic

Two Japanese automakers are merging and planing to create the third-largest auto manufacturer in the world. It’s a move that hopes to rejuvenate the Japanese auto industry. “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 Associated Press reports. “The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors Corp. also had agreed to join the talks on integrating their businesses.” The...