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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Total News Sources14
Leaning Left3Leaning Right0Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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