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Japanese automakers Honda, Nissan, Mitsubishi end talks on biz integration

Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda. The intent was to join forces to win in the global competition, but this was not going to realise Nissan's potential, so I could not accept it, he told reporters. He said that Nissan was going to aim for a turnaround without Honda instead. Honda Chief Executive Toshihiro Mibe said in a separate news conference that Honda had suggested a stock swap to speed up decision-making. I am really disappointed, Mibe told reporters. I felt the potential was great, but I also knew actions that would bring pain were necessary to realise that." The automakers agreed to end their agreement on considering a structure for a collaboration, a joint statement said. The decision was passed by board meetings at each of the companies. Honda M

Honda's nine-month profit down by 7% as it ends talks with Nissan

Japanese automaker Honda reported a 7 per cent decline in profit for the nine months that ended in December on Thursday as it terminated talks on integrating its business with Nissan. Tokyo-based Honda Motor Co. said its motorcycles business was strong, but its auto sales suffered in China and Japan, while demand stayed solid in the US. Honda's April-December 2024 profit totalled 805 billion yen (USD 5 billion), down from 869.6 billion yen the same period in 2023. Nine-month sales gained nearly 9 per cent to 16.3 trillion yen (USD 106 billion). Honda and Japanese rival Nissan Motor Corp., along with the smaller Mitsubishi Motors Corp., said in December that they were in talks to set up a joint holding company. The automakers said Thursday they were ending the talks, although existing collaborations in electric vehicles and smart cars will continue.

Boards of Nissan and Honda vote to officially end merger discussions

Nissan, Japan's third-largest automaker, backed out of $60 billion merger talks with larger rival Honda after negotiations were complicated by growing differences

Inside the collapse of Nissan and Honda's $60 billion automotive mega deal

In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology

Honda, Nissan results likely to highlight flaws as deal set to fail

A deal would have created one of the world's biggest carmakers, giving the combined company the scale it needs to compete with EV makers

Electric vehicles may be about 20% of Honda's wo-wheeler sales by 2030

HMSI launched swappable battery-run Activa E and fixed battery-run QC1 in November. It is starting deliveries of these two products from this month itself

Nissan Motor seeking new partners as deal with Honda set to collapse

The Japanese carmaker is looking for a partner that would ideally be from the technology sector and US-based

Nissan-Honda merger on the brink as growing disagreements threaten deal

Nissan's board is set to review its merger talks with Honda amid rising disagreements, putting the potential tie-up in jeopardy as both automakers struggle to find common ground

Announcement of direction of possible merger with Honda by mid-Feb: Nissan

The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers are posing

Honda Motors to boost investment in three Ohio auto plants by $300 mn

Japanese automaker in 2022 had announced plans to invest $700 million in three plants but is now lifting that to $1 billion, said Jennifer Thomas, a senior vice president at Honda's US unit

Honda Elevate Black Edition launched, price starts at Rs 15.51 lakh

The Honda Elevate special edition is available in two variants: the Black Edition and the Signature Black Edition, both based on the top-end ZX trim and offered with manual & CVT transmission options

Stylish new black edition of Honda Elevate SUV could be coming soon

A test mule of the Honda Elevate Black Edition has been spotted and the model is expected to be launched this month at the Bharat Mobility Global Expo 2025

Honda unveils upgraded Unicorn at Rs 1.19 lakh, with new digital features

The new Honda Unicorn has been updated to comply with the OBD2B regulations similar to the Honda SP160 and Honda Activa 125

2025 Honda Activa 125 launched with new display and eco-friendly tech

For fans of two-wheelers looking for a blend of innovation and style, the updated Honda Activa 125 promises to be a compelling addition to the market. It is offered in two variants: DLX and H-Smart

Honda, Nissan merger deal may be key in fight against China's BYD

Honda and Nissan are both having trouble contending with ascendant domestic automakers in China

Honda SP160 updated for 2025 with advanced features and revised pricing

The two-wheeler receives a new 4.2-inch TFT display, a USB-C charging port and complies with the upcoming OBD-2B emission norms

Moody's sees Honda-Nissan deal as credit positive, flagrisks for Honda

Honda has lower margins in its automotive business compared with its motorcycle business, giving it less flexibility in absorbing Nissan's loss-making auto operations, Enjo wrote

Shift and diverge: Why mergers of carmakers like Honda-Nissan often crash

Combining two large, global manufacturing operations is an incredibly difficult feat that involves reconciling different technologies, models, and approaches to doing business

Renault-Nissan's Indian ties in question amid Honda-Nissan merger talks

Nissan Motor India declined to comment on the matter. Honda Cars India too did not comment

Khalistani terrorists encounter, Nissan-Honda merger, Trump-Panama canal row & more

Today, Bangladesh's interim government said that it has sent a diplomatic note to India to send back deposed prime minister Sheikh Hasina to Dhaka.