Even Honda’s CEO, Toshihiro Mibe, struggled to articulate the strategic benefits of the partnership. When recently asked why Nissan would make a good business partner for Honda, Mibe said ...

"This is not a rescue," Honda's Mibe told reporters on Monday. A prerequisite for the merger is for Nissan to complete its business turnaround, Mibe added. Honda and Nissan are the second and ...

Collaboration between the rival Japanese car makers set to create the world's third-largest automaker by sales. Both face increasing competition from electric vehicles made in China. https://p.dw ...

(From left) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- attend a joint press conference in Tokyo on Dec. 23 ...

Image: Honda president Toshihiro Mibe speaks during a joint news conference with Nissan and Mitsubishi. Pic: AP Honda would initially lead the new management, which would retain the principles and ...

Honda CEO Toshihiro Mibe emphasized the need for greater scale to stay competitive in these areas. "The companies need greater scale to compete in the development of new technologies in electric ...

Japanese automakers Honda and Nissan are in talks to merge to better compete with electric vehicle manufacturers like Tesla, BYD, and others. As reported by Nikkei Asia, the two have discussed ...

The aim is to have a formal merger agreement by June and to complete the deal by August 2026, he said.No dollar value was given and the formal talks are just starting, Mibe said.There are "points ...

Nissan has been fighting to survive. Credit: Bloomberg At that time, Honda chief executive officer Toshihiro Mibe floated the possibility of a capital tie-up with Nissan. While Honda and Nissan ...

TOKYO, Dec 18 (Reuters) - Honda (7267.T), opens new tab and Nissan (7201.T), opens new tab are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign ...

Honda and Nissan are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota in Japan and better position the combined company to ...

At that time, Honda CEO Toshihiro Mibe floated the possibility of a capital tie-up with Nissan. “If the merger does materialize, it would provide short-term relief for Nissan’s financial ...