Honda Motor Co. and Nissan Motor Co. are expected to unveil the details of their merger plan in mid-February, company officials said

Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January. The two Japanese automakers have been in talks to explore a merger by 2026,

According to sources familiar with the matter, Honda has been pushing Nissan to accelerate its restructuring efforts. In November, Nissan announced plans to cut 9,000 jobs worldwide and reduce its global production capacity by 20 percent after reporting a more than 90 percent drop in net profit for the April-September period.

Honda Motor and Nissan Motor have said they will determine the next steps in their planned merger by the end of January. TOKYO -- Honda Motor and Nissan Motor will aim to announce how they will proceed with their planned merger by mid-February, Nikkei learned Friday.

Mitsubishi is thought to be concerned about its management freedom, as the future of Nissan’s management restructuring is not clear.

But most importantly, the little Z was an affordable sports car: a core concept of the Japanese car world. Nissan Motor Corporation is a Japanese automaker founded in 1933 and the parent automaker of Infiniti and formerly Datsun.

Nissan Motor plans to procure batteries for electric vehicles sold in the U.S. from South Korea's SK On from around 2028 onwards, the Nikkei newspaper said on Thursday, as the troubled Japanese automaker looks to ramp up its EV business as part of a planned turnaround.

Nissan says it will announce the direction of its possible integration with Honda by mid-February, pushing back the plan from the end of January 2025.

Tokyo posted a net population inflow for the third consecutive year in 2024, according to a report by the Internal Affairs and Communications Ministry released Friday.

Japanese auto parts maker Denso, a top Toyota supplier, posted a near six-fold jump in third-quarter operating profit on Friday, as currency gains and cost-cutting efforts offset a hit from lower vehicle production volumes in Asia.

An extra-governmental organization that provides grants to privately run educational institutions decided Thursday not to provide any to scandal-hit Tokyo Women’s Medical University (TWMU) for fiscal 2024.