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Honda and Nissan merge to face China

TOKYO: Bewildered by the ever augmenting competition from Chinese automobile industry, Japanese car manufactures Honda and Nissan have decided to merge.

Following the multi-billion dollar deal the new entity will emerge as one of the largest manufacturers of the automobiles at par with Toyota, Volkswagen, GM and Ford.

Experts are convinced that sans plan to fight back by 2030 Japanese manufacturers will be outfoxed by the Chinese car makers.

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