Honda, Nissan, and Mitsubishi have announced plans to merge under a single holding company.
The partnership, officially disclosed in a joint statement from Honda and Nissan, is expected to be finalized by August 2026, creating what will become the world’s third-largest automaker.
The three giant companies confirmed that the move will help solidify their position in the global automotive market,
The decision builds upon previous collaborations between Honda and Nissan in cutting-edge fields such as zero-emission vehicles and autonomous driving technologies. While the full implications for Mitsubishi and the customer experience remain uncertain, Toshihiro Mibe, Honda’s CEO, emphasized that discussions are still in the early stages.
Despite the uncertainties, Nissan CEO Makoto Uchida expressed optimism about the alliance, stating it has the potential to deliver innovative and competitive products to the market.
“By combining our expertise and resources, we are confident in our ability to redefine the future of mobility,” Uchida said.
The merger is seen as a strategic response to increasing competition from electric vehicle leaders like Tesla and China’s BYD.
Whether this union will enable the trio to rival these industry giants remains to be seen, but the collaboration signals a bold step toward consolidating Japanese automotive strength on the global stage.