TOKYO -- Japanese automakers Honda Motor and Nissan Motor announced on Monday that they plan to set up a joint holding company by August 2026, with the aim of rapidly developing electrification and software integration to stay competitive in the global market.
Business deals
Honda and Nissan eye merger by mid-2026 under holding company
Carmakers aim to wrap up talks by June but on premise of Nissan's turnaround
Nissan President Makoto Uchida, left, and Honda President Toshihiro Mibe pose for photo during a press conference in Tokyo on Dec. 23. (Photo by Mizuho Miyazaki)
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