Mitsubishi Motors was crown jewel Honda sought in Nissan merger talks

Hybrid tech and product lineup popular in Southeast Asia were appealing

20250215N Mitsubishi

Mitsubishi Motor has a lineup of vehicles popular in Southeast Asia. (Photo obtained by Nikkei)

HIROFUMI YAMANAKA and AKIHIRO OTA

TOKYO -- As Honda Motor pursued merger talks with Nissan Motor, the automaker was also after a prize that had long remained elusive: Mitsubishi Motors.

Honda's hope was for Mitsubishi to join a holding company to be formed by Honda and Nissan, bringing the three automakers together. The plan eventually collapsed with Honda and Nissan abandoning talks on Thursday.

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