Mitsubishi Motors considering not joining Nissan-Honda merger, Yomiuri says

Quick Summary:

TOKYO : Mitsubishi Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, the Yomiuri online said on Friday.

Mitsubishi Motors, in which Nissan is the top shareholder with a 24 per cent stake, was expected to decide by this month whether it plans to take part.

The report came after Nissan and Honda last year said they would begin formal talks on the merger that could potentially create the world's third-largest auto group.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Merger Honda Nissan Takao Motor Motors Mediacorp Mitsubishi Talks Experience Tokyo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 07:25:46 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 163 words

Reading Time: 1 minutes read

Sentences: 15 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25384948

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