Honda, Nissan and Mitsubishi have entered discussions that could lead to a three-way merger that would form the world’s third-largest automaker. A new U.S. president could complicate the deal. +

Reuters reports members of the Trump transition team will recommend a reversal of Biden administration policies designed to encourage EV production and sales. +

The decision to eliminate the $7,500 consumer tax credit has led to speculation that a repeal could give Tesla an edge over competitors like Ford and GM. +