Honda and Nissan initially said they were trying to finalize an agreement by June and set up the holding company by August.

He adds, “Mitsubishi Motors is at a pivotal point in North ... we have invested in our infrastructure and in our people, and ...

and Honda to improve electric vehicle charging infrastructure. Additionally, Nissan already owns a 34% stake in Mitsubishi Motors since the formation of the Renault-Nissan-Mitsubishi Alliance in 2016.

Mitsubishi Motors has announced a significant revision to its annual net profit forecast, slashing it by 76% to 35 billion yen ($225 million) for the fiscal year ending March 2025. This stark ...

Going forward, the three companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles. This framework was established with the ...