A month ago, Honda and Nissan signed a memorandum of understanding to explore a potential mega-merger that would create a single new holding company. Although the joint press release didn't include Mitsubishi, a separate document released the same day mentioned a second MoU signed by all three Japanese brands. Mitsu said it would explore its "participation, involvement, and synergy sharing" concerning the potential Honda-Nissan merger. —Adrian Padeanu, News Editor |