Honda, Nissan and Mitsubishi
newsbytesapp.com · 1h
Mitsubishi will not join Honda-Nissan merger: Report
Despite an initial MoU involving Mitsubishi in talks of "participation, involvement, and synergy sharing" in the Honda-Nissan merger, it now appears the company wants to go solo. The report indicates Mitsubishi had considered joining the new holding company with Honda and Nissan but has now opted out.
The Citizen · 1h
Mitsubishi reportedly not keen on inclusion in Honda-Nissan merger
Shares in Mitsubishi plunged nearly nine percent Friday after a report said it might not join a planned merger between industry giants Honda and Nissan. Honda, and its struggling rival Nissan, agreed last month to launch talks on the tie-up, which is seen as an attempt to catch up with Chinese rivals and Tesla on electric vehicles.
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