Honda and Nissan Postpone Business Integration Announcement to Mid-February

The automakers aim to finalize integration plans by 2026, citing restructuring needs and growing competition from Chinese EV makers.

Honda and Nissan have delayed their announcement on the direction of their potential business integration to mid-February, originally planned for the end of January.
The companies are exploring a merger by 2026, including the establishment of a holding company and delisting their shares by August 2026.
Honda is requiring Nissan to implement significant restructuring measures, including workforce reductions and production capacity cuts, as a condition for integration.
Nissan has announced plans to cut 9,000 jobs and reduce production capacity by 20%, though progress on these measures remains limited.
Mitsubishi Motors, a smaller partner in Nissan's alliance, is considering opting out of the merger and will make a decision after further discussions between Honda and Nissan.