Nissan and Honda have signed a memorandum of understanding to merge and form the world's third-largest automaker.The companies plan to create a joint holding company through a share transfer, which will be listed on the Tokyo Stock Exchange in August 2026.They aim to become a world-class mobility company with sales revenue exceeding 30 trillion yen and operating profit of more than 3 trillion yen.The merger will allow them to integrate management resources, respond to market changes, and deliver more attractive products and services globally.