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Japanese automakers Honda, Nissan and Mitsubishi end talks on integrating their businesses

  • Japanese automakers Honda, Nissan, and Mitsubishi are ending discussions on business integration, as confirmed by a joint statement from the companies on Thursday.
  • Nissan Chief Executive Makoto Uchida stated that the talks shifted focus from creating a joint holding company to making Nissan a subsidiary of Honda.
  • Honda Chief Executive Toshihiro Mibe expressed disappointment over the decision, noting that he felt the potential for collaboration was significant but necessary actions would bring pain.
  • Despite ending the discussions, the automakers will continue to collaborate on electric vehicles and smart technologies, focusing on areas such as autonomous driving.
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EVSpecifications broke the news in on Thursday, February 13, 2025.
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