Honda 7267.T and Nissan
7201.T are expected to announce the start of discussions on Monday to bring their activities closer together, two sources briefed on the matter said, as the two Japanese automakers struggle to cope with developments in the sector.
According to the sources, the two groups planned to bring together their boards of directors and then hold a joint press conference at which representatives of Mitsubishi Motors
Nissan partner 7267.T is also expected to take part.
Nissan, of which the Renault RENA.PA group is the main shareholder, and Honda aim to complete their negotiations by next June, television channel TBS reported, citing a source. The new entity will be listed on the stock exchange while Honda and Nissan will be delisted in August 2026, according to the same source.
While the two manufacturers will explore the possibility of a merger, as Reuters reported last week, Honda is expected to name the leader and decide the identity of most of the members of the board of directors of the company. future holding company, public broadcaster NHK reported on Monday.
(Maki Shiraki and Norihiko Shirouzu; French version Jean Terzian)
Business
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