Auto Giants Align: Nissan, Honda, Mitsubishi Sign MOU for Potential Merger
The automotive industry is witnessing a potentially transformative development as Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation have officially signed a memorandum of understanding (MOU). This agreement signals their intent to explore the formation of a joint holding company, a move that could redefine the competitive landscape. Signed on December…