US EditionJapanese 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.
14 Articles
14 Articles
Japanese car manufacturers Nissan, Honda and Mitsubishi have announced that they abandon their idea of fusion, due to discrepancies in the final composition.
Nissan, Honda and Mitsubishi Motors terminate MOU regarding consideration of tripartite collaboration – DIR HONGKONG
TOKYO, Feb 13, 2025 – (JCN Newswire via SeaPRwire.com) – Nissan Motor Co., Ltd. (“Nissan”), Honda Motor Co., Ltd. (“Honda”), and Mitsubishi Motors Corporation (“Mitsubishi Motors”) today agreed to terminate their MOU regarding the consideration of the structure for a tripartite collaboration, in light of the termination of the MOU signed on December 23 last year regarding the consideration of a business integration between Nissan and Honda. Goin…
Honda and Nissan End Joint Venture Talks as Profit Declines - Moving Markets
Breaking News, Featured Story, HNWI, Trending Story, Trending. Now Honda and Nissan End Joint Venture Talks as Profit Declines Honda Reports 7% Profit Decline Amid Business Strategy Shift Strong Motorcycle Sales Offset by Weakened Auto PerformanceJapanese automaker Honda has report…
Nissan, Honda and Mitsubishi terminate MOUs
Nissan, Honda, and Mitsubishi today agreed to terminate their MOU regarding the consideration of the structure for a tripartite collaboration, in light of the termination of the MOU signed on December 23 last year regarding the consideration of a business integration between Nissan and Honda. Going forward, the three companies will collaborate within the framework of a strategic partnership aimed...
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