Honda and Nissan may merge; if Mitsubishi joins, it will create the world's third largest group
The possibility of a business merger between Honda Motor Co., Ltd. and Nissan Motor Co., Ltd., two major automobile manufacturers with which the two companies have a partnership, has emerged. If the merger is realized with the addition of Mitsubishi Motors Corporation, of which Nissan is the largest shareholder, it will create a mega-group that will be the third largest in the world.
Honda's president does not rule out possibility of merger with Nissan | Economy & IT | ABEMA TIMES | Abema Times
Honda and Nissan to discuss merger, if realized, would become one of the world's leading groups: Asahi Shimbun Digital
https://www.asahi.com/articles/ASSDK6VMLSDKULFA03LM.html
Nissan 'considers various possibilities' to merge with Honda | Reuters
https://jp.reuters.com/economy/industry/7NFM2QZ4NZIDTPUYFLUF22KFKM-2024-12-17/
According to sources, Honda and Nissan have begun making arrangements to begin discussions toward a business integration. The integration is expected to take the form of a holding company under which both companies will come under its umbrella, and in the future, Mitsubishi, of which Nissan is the largest shareholder, may also join. If the three companies were to merge, it would form the third largest group in the world after the Toyota Group and the Volkswagen Group.
In an interview on the morning of Wednesday, December 18th, Honda President Toshihiro Mibe said, 'We are talking about all possibilities,' and when asked if this included a business integration, he said, 'From top to bottom, I think it's a possibility.'
Honda and Nissan announced in March 2024 that they had begun considering a strategic partnership to advance the intelligent and electrified development of automobiles. Based on the memorandum of understanding signed in August, the two companies signed an agreement to jointly research basic element technologies in the area of platforms for next-generation software-defined vehicles (SDVs) .
Nissan and Honda sign joint research agreement on basic elemental technologies for next-generation SDV platform
https://global.nissannews.com/ja-JP/releases/240801-02-j
Nissan and Honda sign joint research agreement on basic elemental technologies for next-generation SDV platform | Honda Corporate Information Site
The three companies have also signed a memorandum of understanding to consider a strategic partnership with Mitsubishi Motors.
Nissan, Honda and Mitsubishi Motors sign memorandum of understanding to explore strategic partnership
https://global.nissannews.com/ja-JP/releases/240801-03-j
Nissan Motor, Honda and Mitsubishi Motors sign memorandum of understanding to consider strategic partnership between the three companies - Beginning discussions on strategic partnership leveraging each company's strengths - | Honda Corporate Information Site
https://global.honda/jp/news/2024/c240801b.html
Nissan, Honda and Mitsubishi Motors sign memorandum of understanding to explore strategic partnership (News Release) - Mitsubishi Motors
https://www.mitsubishi-motors.com/jp/newsroom/newsrelease/2024/20240801_3.html
·postscript
It has been revealed that Taiwan's Hon Hai Precision Industry has expressed an interest in acquiring Nissan.
Taiwan's Foxconn conveys intent to buy Nissan, eyeing management stake - Bloomberg
https://www.bloomberg.co.jp/news/articles/2024-12-18/SOO4WZT1UM0W00
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