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TOKYO, Feb 13, 2025 - (JCN Newswire) - Nissan Motor Co., Ltd. (“Nissan”), Honda Motor Co., Ltd. (“Honda”), and Mitsubishi Motors Corporation (“Mitsubishi Motors”) today agreed to terminate their MOU regarding the consideration of the structure for a tripartite collaboration, in light of the termination of the MOU signed on December 23 last year regarding the consideration of a business integration between Nissan and Honda.
Going forward, the three companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles. This framework was established with the MOU signed on August 1 last year, striving to create new value and maximize the corporate value of each company.
Topic: Press release summary
Source: Nissan / Honda Motor Co, Ltd / Mitsubishi Motors
Sectors: Media & Marketing, Automotive, Daily News, Advertising
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From the Asia Corporate News Network
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