Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 21, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 21, 2025
Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports

World+Biz

Reuters
30 July, 2024, 01:40 am
Last modified: 30 July, 2024, 01:46 am

Related News

  • Milestone plane crash: Bangladesh’s global friends mourn, offer support
  • Japan's shaky government loses upper house control
  • Japan's PM vows to stay on despite bruising election loss
  • Japan heads to polls in key test for Prime Minister Ishiba
  • 'Japanese First' party shakes up election with alarm over foreigners

Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports

Reuters
30 July, 2024, 01:40 am
Last modified: 30 July, 2024, 01:46 am
Workers install a battery for a new electric vehicle model at Mitsubishi Motor Corp's factory in Kurashiki, Japan May 19, 2022. REUTERS
Workers install a battery for a new electric vehicle model at Mitsubishi Motor Corp's factory in Kurashiki, Japan May 19, 2022. REUTERS

Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday.

Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalise the details of their strategic partnership, Nikkei said, adding the three firms intend to standardise in-vehicle software that controls cars.

Mitsubishi Motors declined to comment on the report, while a Nissan spokesperson would only say the report was not based on something either of the companies had announced. Spokespeople for Honda did not respond to a request for comment.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The push comes as Nissan, Japan's third biggest automaker, has been steadily losing market share in its two largest markets, the United States and China, which together accounted for half of its global sales in the year to March.

On Thursday, the company slashed its annual outlook after heavy discounting in the U.S. almost completely wiped out its first-quarter profit.

Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms.

Mitsubishi Motors is already part of a long-standing alliance with Nissan and France's Renault that the three automakers last year agreed to restructure, aiming for a downsized but more pragmatic and agile partnership.

Separate collaboration between Nissan, Honda and Mitsubishi Motors could help Japan's automakers cut costs and beef up to battle tough competition in EVs, dominated by companies like China's BYD.

In China, the world's largest auto market, Japanese brands previously were strong but are now up against domestic automakers that have rapidly increased production and won over consumers with low-priced vehicles loaded with software.

Top News

mitsubishi / Japan / Honda

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Training aircraft crashes at the Diabari campus of Milestone College on 21 July 2025. Photo: Courtesy
    BAF jet crash at Milestone school: At least 20 including children, pilot dead; 171 hospitalised
  • In the aftermath, anxious parents scrambled between the school and nearby hospitals, searching for their children. Photo: Mehedi Hasan/TBS
    A school in ruins, young lives maimed as death rained from the sky: What the Milestone crash site looked like
  • Photo: Mehedi Hasan/TBS
    The lonely shoe tells the tale of a fallen bird

MOST VIEWED

  • Photo: Mohammad Minhaz Uddin
    Ctg port to deliver 16 more products via private depots to ease congestion
  • Photo: PID
    Army role vital in assisting civil admin maintain internal security, peace: CA Yunus
  • A roundtable titled ‘US Reciprocal Tariff: Which Way for Bangladesh?’, held at a hotel in Dhaka on 20 July 2025, organised by Prothom Alo. Photo: TBS
    Things don’t look good for Bangladesh: US brands warn exporters amid tariff hike
  • Infograph: TBS
    Liquidation of troubled NBFIs may cost govt Tk12,000cr in taxpayer money
  • Tiger Shark (part of the Flash Bengal series) is a joint training exercise where the two countries’ Special Forces practice combat tasks. Photo: Courtesy
    Bangladesh, US to continue joint military exercises eyeing safer region
  • On behalf of the Bangladesh government, Director General of the Directorate General of Food Md Abul Hasanath Humayun Kabir signed the MoU, while Vice President of US Wheat Associates Joseph K Sowers signed on behalf of the United States. Photo: Courtesy
    Bangladesh signs MoU to import 7 lakh tonnes of wheat annually from US for 5 years

Related News

  • Milestone plane crash: Bangladesh’s global friends mourn, offer support
  • Japan's shaky government loses upper house control
  • Japan's PM vows to stay on despite bruising election loss
  • Japan heads to polls in key test for Prime Minister Ishiba
  • 'Japanese First' party shakes up election with alarm over foreigners

Features

Despite all the adversities, girls from the hill districts are consistently pushing the boundaries to earn repute and make the nation proud. Photos: TBS

Despite poor accommodation, Ghagra’s women footballers bring home laurels

1d | Panorama
Photos: Collected

Water-resistant footwear: A splash of style in every step

1d | Brands
Tottho Apas have been protesting in front of the National Press Club in Dhaka for months, with no headway in sight. Photo: Mehedi Hasan

From empowerment to exclusion: The crisis facing Bangladesh’s Tottho Apas

1d | Panorama
The main points of clashes were in Jatrabari, Uttara, Badda, and Mirpur. Violence was also reported in Mohammadpur. Photo: TBS

20 July 2024: At least 37 killed amid curfew; Key coordinator Nahid Islam detained

1d | Panorama

More Videos from TBS

Bird's Eye View of the Sirased Plane Rescue Operation

Bird's Eye View of the Sirased Plane Rescue Operation

36m | TBS Today
How law enforcement is carrying out rescue operations

How law enforcement is carrying out rescue operations

1h | TBS Today
News of The Day, 21 JULY 2025

News of The Day, 21 JULY 2025

1h | TBS News of the day
Emergency contact numbers for Milestone accidents

Emergency contact numbers for Milestone accidents

1h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net