By Chuks Opara
Honda, Nissan, and Mitsubishi are officially teaming up under a single holding company to tackle global competition.
This partnership, announced in a joint statement by them, positions the trio to become the world’s third-largest automaker.
The merger is set to finalize by August 2026.
It builds on recent collaborations between Honda and Nissan, including joint efforts in zero-emission and autonomous driving technologies.
The partnership’s impact on Mitsubishi and customer experience remains unclear.
Honda’s Toshihiro Mibe however said that discussions were still in early stages.
Nissan’s CEO Makoto Uchida expressed confidence in the alliance’s potential to deliver innovative products.
Whether this merger is enough to compete with EV leaders like Tesla and BYD remains to be seen.
