Shares in Nissan soared as much as 24 percent, while Honda dipped more than three percent. Mitsubishi Motors — of which Nissan is the top shareholder — gained almost 20 percent. Japan’s number two and three automakers behind Toyota had already agreed in March to explore a strategic partnership on EVs. “We are discussing possibilities […]
The Nikkei newspaper said that 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. Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of their strategic […]