Honda and Nissan merge to form third-largest automaker
Explore the possibility of Mitsubishi participation, participation and collaborative sharing In a landmark development for the global auto industry, two of Japan's leading automakers, Honda and Nissan, announced plans to merge, potentially creating the world's third-largest auto group by sales. The integration, which includes Mitsubishi Motors, is aimed at achieving significant synergies amid growing competition between electric carmakers and Chinese automakers. Establishment of joint holding company Honda and Nissan have signed a memorandum of understanding (MoU) to initiate business integration discussions and may establish a joint holding company by August 2026. The holding company will oversee the combined business, which aims to achieve sales of 30 trillion yen ($191 billion) and operating profits of more than 3 trillion yen. As part of the integration, shares of both companies will be delisted. Mitsubishi Motors, in which Nissan has a large stake, is also expected to join the new entity. The combined group's annual sales are expected to exceed 8 million vehicles,…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
