Honda Denies Rescuing Nissan Amid Merger Talks, Sets Condition for Turnaround Completion

Honda CEO Toshihiro Mibe has dismissed claims that ongoing merger discussions with Nissan are a bailout for the struggling automaker, emphasizing that Nissan’s successful completion of its “turnaround” plan is a prerequisite for the deal. “This is not a rescue,” Mibe told reporters

Honda, Nissan Set to Merge, Plan New Holding Company Listing by August 2026

Honda and Nissan have announced plans to merge, with a new joint holding company set to be listed on the Tokyo Stock Exchange’s prime market in August 2026, a move that could make them the world’s third-largest automaker. In a joint statement released