(Update 3) Honda, Nissan, Mitsubishi Considering Merger

(Update 3) Honda, Nissan, Mitsubishi Considering Merger

   Tokyo, Dec. 18 (Jiji Press)--Honda Motor Co., Nissan Motor Co. and Mitsubishi Motors Corp. are considering options for their cooperation including a merger, informed sources said Wednesday.
   The Japanese automakers are eager to accelerate technology development in preparation for the full-scale spread of electric vehicles, aiming to survive competition with overseas rivals that are ahead in the EV market, people familiar with the matter said.

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