Nissan and Honda announce merger plans to create world’s no. 3 automaker | CNN Business
www.cnn.com
Japanese automakers Honda and Nissan have announced plans to join forces, forming world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

I merged the headline and the first paragraph.

Honda and Nissan have formally agreed to hold talks over the next six months on a possible merger, a deal that would create the world’s third-largest automaker and give them more resources to compete with a growing threat from Chinese carmakers.

  • CleverOleg [he/him]@hexbear.netEnglish
    3·
    2 days ago

    Mergers are rarely if ever a blending of two equals. Big fish eats little fish. On the rare occasion that a merger tries to preserve the hierarchy, culture, etc of each of the firms it usually ends disastrously.