(Update 2) Honda, Nissan Announce Start of Biz Integration Talks
Tokyo, Dec. 23 (Jiji Press)--Japan's Honda Motor Co. and Nissan Motor Co. said Monday that they will start talks to integrate their operations, a deal that would create the world's third-biggest automaker group.
The two companies plan to establish a holding company for the integration, take it public in August 2026 and become wholly-owned units of the holding firm.
The president of the holding company and a majority of its board members would be appointed by Honda.
In terms of global vehicle sales, the Honda-Nissan team would stand behind only the Toyota Motor Corp. group and the Volkswagen AG group.
Mitsubishi Motors Corp., whose largest shareholder is Nissan, will consider joining the business integration talks as early as next month.
(2024/12/23-22:27)
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NATION
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12/26 22:14 Ishiba to Visit Malaysia, Indonesia in Jan. - 12/26 21:54 (Update 3) Cyberattack Hits JAL, Affecting Some Flights
- 12/26 21:49 Japan Govt Drafts New Green Transformation Strategy
- 12/26 21:34 Japan Overtaken by California in Nominal GDP
- 12/26 21:06 (Update)Top Prosecutors Office Finds Investigation of Hakamata Insufficient
- 12/26 20:43 Uranium Detected in Extracted Fukushima N-Fuel Debris
- 12/26 19:04 (Update 2) Cyberattack Hits JAL, Affecting Some Flights
- 12/26 18:43 Japan Eyes Law Requiring Measures against Customer Harassment
- 12/26 18:11 Japanese "Black Widow" Death-Row Inmate Dies
- 12/26 18:11 Govt Aid Resumption to Cut Feb. Electricity Bills in Japan
- 12/26 17:17 Japan Sees Record Low Competition Rate for School Teachers
- 12/26 16:52 Top Prosecutors Office Finds Investigation of Hakamata Insufficient
- 12/26 16:28 Prices of 1,380 Food Items to Go Up in Japan in Jan.
- 12/26 15:52 (Update) Cyberattack Hits JAL, Affecting Some Flights
- 12/26 15:42 Japan's Miyazawa Showed Skepticism about China to Clinton
- 12/26 15:20 Many Foreign Workers in Japan Face Agency Fee Issue
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12/26 13:41 Cyberattack Hits JAL, Affecting Some Flights - 12/26 13:19 Japan Panel Seeks Law to Gain Cooperation from AI Developers
- 12/26 12:28 Japan Wage Growth Projected to Outpace Inflation in FY '25: Govt
- 12/26 11:00 1 Year On: Noto Quake Sparks Efforts to Get Disaster Info to Foreigners
- 12/25 23:18 Ishiba Vows Continued Support to Ukraine
- 12/25 23:00 Former Japanese Judge Indicted for Insider Trading
- 12/25 22:25 Japan Govt Expects 1.2 Pct Economic Growth for FY 2025
- 12/25 22:02 Japan, China Foreign Chiefs Vow Closer Communication
- 12/25 21:38 (Update) Japan Govt to Invest 100 B. Yen in Rapidus in 2025
- 12/25 19:31 (Update) Japan Pump Price Tops 180 Yen for 1st Time in 15 Months
- 12/25 19:21 Chinese Man Sentenced to Jail for Vandalizing Yasukuni Shrine
- 12/25 18:54 Prolonged Low Interest Rate to Risk Exessive Easing: BOJ Chief
- 12/25 18:53 (Update) Japan Expects Record 115-T.-Yen Draft Budget for FY 2025
- 12/25 16:58 Japan Foreign Min. Iwaya Meets Chinese Prem. in Beijing
- 12/25 16:48 Japan Budget to Include 100-B.-Yen Investment in Rapidus
- 12/25 16:19 Japan FSA to Issue Biz Improvement Order to Aeon Bank
- 12/25 15:58 Japan Eyes More Discretion for Schools under New Curriculum
- 12/25 15:27 Japan's Average Temperature Hits Another Record
- 12/25 14:59 Japan Expects Record 115-T.-Yen Draft Budget for FY 2025
- 12/25 14:24 JCG Captain, Copilot Misconceived Instruction in Tokyo Crash
- 12/25 13:15 Local Mayors Seek Biden's Approval for U.S. Steel Acquisition
- 12/25 11:17 Japan to Remain 3rd-Largest U.N. Contributor
- 12/24 23:41 Japan Plans System for Temporary Acquisitions of Key Plants
- 12/24 23:11 Japan Decides 10 Pct Boost to Teacher Allowances
- 12/24 22:44 Japan Eyes 45 T. Yen in Infrastructure Exports in 2030
- 12/24 22:11 Japan Eyes 332.8 B. Yen to Support Semiconductor Sector in FY 2025
- 12/24 21:45 Ishiba Aims for Conclusion on Corporate Donations by March
- 12/24 21:28 Japan to Set Target of 60 Pct Emission Cut by FY 2035
- 12/24 20:31 (Update) Japan Diet OKs Political Reform Bills
- 12/24 20:09 S. Korean Temple to Return Buddha Statue Next Spring
- 12/24 19:37 Japanese, Chinese Foreign Chiefs to Meet Wed.
- 12/24 19:33 Men, Women in Shizuoka Live Longest Healthy Lives in Japan
- 12/24 18:33 Japanese Cultural Anthropologist Kawada Dies at 90
- 12/24 18:21 U.S. Security Review Inconclusive on Nippon Steel's U.S. Steel Bid
- 12/24 17:46 Japan Mulling Mandatory PFAS Inspections for Tap Water
- 12/24 17:26 Japan Diet OKs Political Reform Bills
- 12/24 15:51 N. Korean Hacker Group Stole Assets from DMM Bitcoin: NPA
- 12/24 14:12 Tohoku Univ. Set to Start Receiving Japan's New Research Aid
- 12/24 14:09 Japan Aims to Realize Economic Growth despite Population Fall
- 12/24 11:30 Immersive Digital Ukiyo-e Experience Opens in Tokyo
- 12/23 23:08 Japan Opposition Parties Submit Bill for Free School Meals
- 12/23 22:55 China Largest Foreign Buyers of Land near Japan Security Areas
- 12/23 22:27 (Update 2) Honda, Nissan Announce Start of Biz Integration Talks
- 12/23 20:49 (Update) Ex-Nagano Assembly Member Gets 19 Years for Killing Wife
- 12/23 20:25 Japan SESC Files Complaint against Judge for Insider Trading
- 12/23 19:47 (Update) Honda, Nissan Announce Start of Biz Integration Talks
- 12/23 17:29 Japan, S. Korea to Prepare to Mark 60 Yrs of Normalized Ties
- 12/23 17:13 10 Months Sought for Ex-Olympus Pres. Kaufmann over Drugs
- 12/23 17:04 Kawasaki Heavy's Spending for SDF Personnel Found Taxable
- 12/23 16:57 Ex-Nagano Assembly Member Gets 19 Years for Killing Wife
- 12/23 16:08 Japan Govt Eyes Regional Development through Roadside Stations
- 12/23 15:23 Japanese Princess Aiko Diagnosed with Influenza
- 12/23 14:33 Victims Mourned ahead of Haneda Collision 1st Anniversary
- 12/23 10:38 Vietnam's 1st Subway Opens with Japan's Aid
- 12/23 00:32 Japanese Emperor Emeritus Akihito Turns 91
- 12/22 20:02 (Update) Japan to Issue Cease-and-Desist Order against Google
- 12/22 18:45 Japan's FTC to Issue Cease-and-Desist Order against Google
- 12/22 18:15 Okinawa People Stage Rally against Sexual Assaults by U.S. Servicemen
- 12/22 13:02 Fukushima Startup Aiming to Launch Rocket from Flying Balloon
- 12/21 22:52 Japan's SDF to Resume Osprey Flights
- 12/21 13:54 Japan, South Korea Agree to Beef Up Economic Ties
- 12/21 13:26 Japan to Continue to Support N-Plant Project in Vietnam
- 12/20 23:31 Japan to Cut Official Prices for Half of Drugs
- 12/20 23:17 Noted Japanese Architect Taniguchi Dies at 87
- 12/20 22:51 Japan to Discuss Retrial System Review
- 12/20 22:51 Japan Ready to Improve Working Conditions for SDF Members
- 12/20 21:58 Japan to Oblige Lawmakers to Disclose Allowance Uses
- 12/20 21:26 Ukrainian Chamber of Commerce in Japan Kicks Off
- 12/20 21:15 Japan Diet to Be Extended to Tues. for Political Reform Bills
- 12/20 20:11 Japan Defers Decision on Planned Hokuriku Shinkansen Route
- 12/20 19:38 Narita Int'l Passengers Seen Up 14 Pct for New Year's Holidays
- 12/20 19:25 Record 320 School Staff Punished for Sex Offenses in Japan
- 12/20 19:05 Diverting Foreigners to Regional Areas Key to Japan as Tourism Nation
- 12/20 18:50 U.S. Stronger in Indo-Pacific than 4 Years Ago: Official
- 12/20 17:50 (Update) Record 78 Pct in Japan Feel Anxious: Govt Survey
- 12/20 17:33 Record 78 Pct in Japan Feel Anxious: Govt Survey
- 12/20 17:03 Japan Ruling Bloc Adopts FY 2025 Tax System Reform Package
- 12/20 15:09 Japan Inspects U.S. Yokota Base over Suspected PFAS Leak
- 12/20 14:57 Japan's Ruling Camp, DPFP Agree to Continue Income Tax Talks
- 12/20 13:55 Japan Improves Public Relations for Nankai Trough Megaquake Alert
- 12/20 11:29 Penal Code Offenders in Japan Rise for 1st Time in 19 Years
- 12/20 10:57 Japan's Consumer Inflation Rises to 2.7 Pct in Nov.
- 12/19 23:52 (Update 2) Couple Stabbed to Death near Tokyo
- 12/19 22:19 IOC Pres. Candidate Watanabe Vows 5-Continent Olympics
- 12/18 13:26 Japan Incurs Trade Deficit of 117.6 B. Yen in November
- 12/16 10:29 Japan Core Machinery Orders Up 2.1 Pct in October
