[aussiblue]

There also rumours of Mitsubishi joining with Honda and Nissan per https://japantoday.com/category/busi...r-talks-report and https://www.news.com.au/technology/m...a9869fafeb7f6c etc

Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday.

The two firms are looking to operate under a single holding company and will soon sign a memorandum of understanding for the new entity, according to the Tokyo-based Nikkei.

It reported that Honda and Nissan will consider bringing in Mitsubishi Motors, of which Nissan is the top shareholder, under the holding company to create one of the world's largest auto groups.

Honda and Nissan issued almost identical statements in response, saying the details in the report had not been announced by either firm, and that they are "exploring various possibilities for future collaboration, leveraging each other's strengths," as previously announced.