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Makoto Uchida, president of Nissan, Toshihiro Mibe, president of Honda, and Takao Kato, president of Mitsubishi Motors, during a joint press conference in Tokyo, Monday, December 23, 2024. KIM KYUNG-HOON / REUTERS Supposed to respond to the mutation accelerated pace of the global automobile sector towards electrics and artificial intelligence, or even helping to save Nissan, the merger between the Japanese manufacturers Honda and Nissan is officially launched. Ultimately, it could involve Mitsubishi Motors, of which Nissan is the largest shareholder. At a press conference on Monday, December 23, in Tokyo, the directors of Honda and Nissan, Toshihiro Mibe and Makoto Uchida, announced the start of negotiations with a view to the creation, before August 2026, of a holding company overseeing the two groups. Also present, Takao Kato, boss of Mitsubishi Motors, specified that his group could join these discussions at the end of January 2025. “We are observing a transformation that only happens once every hundred years with the emergence of new players, notably from China, and a new business model. It will not take twenty or thirty years but a few years. By 2030, we want to have the right artillery to compete with the best,” explained Mr. Mibe. “The environment is changing faster than expected. We want to go further than the collaborations already in place,” added Mr. Uchida while Mr. Kato promised “to study the best form of cooperation in order to achieve synergies and best exploit the strengths of each company “. You have 71.72% of this article left to read. The rest is reserved for subscribers.
Author : News7
Publish date : 2024-12-23 11:48:56
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