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Honda and Nissan -- Japan's number two and three automakers after Toyota -- are aiming to finalise a merger deal in June 2025, several media outlets said.

Honda and Nissan Start Merger Talks to Rival Chinese EV Giants and Tesla

Honda and Nissan -- Japan's number two and three automakers after Toyota -- are aiming to finalise a merger deal in June 2025, several media outlets said.

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.
Their collaboration would create the world's third-largest automaker, expanding the development of EVs and self-driving tech while coming to the rescue of struggling Nissan.
The pair have not released any details publicly but it was widely reported in Japanese media that they would sign a memorandum of understanding on Monday afternoon.
Honda and Nissan -- Japan's number two and three automakers after Toyota -- are aiming to finalise a merger deal in June 2025, several media outlets said.
Mitsubishi Motors, which could join the new holding company early next year, is also expected to take part in Monday's announcement after Honda and Nissan hold board meetings.
In the morning, the presidents of Honda, Nissan and Mitsubishi Motors told the industry and transport ministries of their plan to start negotiations, Kyodo News reported.
Honda and Nissan's partnership could include a manufacturing tie-up where they build vehicles at each other's plants, Kyodo said, citing sources close to the matter.
Lacklustre consumer spending and stiff competition in several markets are making life hard for many automakers.
Business has been especially tough for foreign brands in China, where electric vehicle manufacturers such as BYD are leading the way as demand grows for less polluting vehicles.
China overtook Japan as the biggest vehicle exporter last year, helped by government support for EVs.
"We hope Japanese companies will take steps to respond to these changes and take measures to survive and win amid international competition," top government spokesman Yoshimasa Hayashi said Monday.
He declined to comment on the merger reports but highlighted the "importance of strengthening competitiveness in areas such as... batteries and in-vehicle software".
Debt-laden Nissan last month announced thousands of job cuts as it reported a 93 per cent plunge in first-half net profit, making a merger with Honda welcome news.
But Taiwanese electronics manufacturer Foxconn has also reportedly sensed an opportunity.
Foxconn, which builds devices for tech companies including Apple's iPhones, first unsuccessfully approached Nissan with a bid to acquire a majority stake, according to Bloomberg.
Then a Taiwanese media outlet said Foxconn's Jun Seki -- a former Nissan executive -- had visited France to ask Renault to sell its 35 per cent share of Nissan, although reports later said this pursuit had been put on pause.
Honda and Nissan had already agreed in March to explore a strategic partnership on software and components for EVs among other technologies.
This partnership was joined in August by Mitsubishi Motors, of which Nissan is a majority shareholder.
Nissan has weathered a turbulent decade, including the 2018 arrest of former boss Carlos Ghosn, who later jumped bail and fled Japan concealed in a music equipment box.
Kyodo said that Honda would ask Nissan to achieve a "V-shaped recovery" in performance as a condition for the merger.
(Except for the headline, this story has not been edited by Editorji News Desk and is published from a syndicated feed.)

This marks a significant milestone as it will be the first product from Honda Cars India Ltd (HCIL), a wholly-owned subsidiary, to enter the tightly regulated Japanese market

Honda's milestone move: Elevate SUV set for debut in Japan

This marks a significant milestone as it will be the first product from Honda Cars India Ltd (HCIL), a wholly-owned subsidiary, to enter the tightly regulated Japanese market

Honda, the renowned Japanese automotive giant, is poised to introduce its mid-sized SUV, Elevate, into the Japanese market next year. This marks a significant milestone as it will be the first product from Honda Cars India Ltd (HCIL), a wholly-owned subsidiary, to enter the tightly regulated Japanese market, reported PTI.
The Elevate, crafted by Honda Cars India Ltd (HCIL) at its Tapukara facility in Rajasthan, is set to make its debut in Japan in Spring 2024 under the brand name WR-V, as confirmed by an HCIL spokesperson.
This move signifies HCIL's groundbreaking venture, manufacturing a model in India for export to Japan for the first time. The spokesperson highlighted this as a testament to India's manufacturing capabilities, positioning the country as a pivotal export hub within Honda's global business strategy.
Also read/watch - <a title="RBI Monetary policy expectations: Interest rates likely to remain unchanged" href="https://www.editorji.com/business-news/markets/rbi-monetary-policy-expectations-interest-rates-likely-to-remain-unchanged-1701678873930#google_vignette">RBI Monetary policy expectations: Interest rates likely to remain unchanged</a>
Emphasizing the readiness of HCIL's Tapukara plant to cater to both domestic and export requirements, the spokesperson reiterated that Elevate had already made a successful entry into the Indian market in September this year. As part of its strategic roadmap, HCIL aims to unveil five SUV models in India by 2030, commencing with this launch.
Electric Evolution: Elevate's Next Phase
In a forward-looking approach, HCIL has plans to introduce a battery-electric variant of the Elevate within the next three years. Presently, the vehicle runs on a 1.5-liter petrol engine, coupled with a choice between a six-speed manual transmission and a seven-speed continuously variable transmission (CVT).
Also read/watch - <a title="Equity markets rally: Nifty, Sensex hit new high after BJP wins in three states" href="https://www.editorji.com/business-news/markets/equity-markets-rally-nifty-sensex-hit-new-high-after-bjp-wins-in-three-states-1701668170592">Equity markets rally: Nifty, Sensex hit new high after BJP wins in three states</a>
Notably, Honda Cars India previously announced intentions to introduce an all-electric version of the Elevate mid-size SUV by 2026. The company is now intensifying efforts to deliver an electric iteration of the Elevate within the next three years.
According to PTI, Takuya Tsumura, President and CEO of Honda Cars India, has underscored the company's dedication to developing a battery-electric variant of the Honda Elevate.

Honda will return as a factory Formula One supplier in partnership with Aston Martin in 2026 when F1 introduces new engine regulations.

Honda to make a comeback in F1 with Aston Martin in 2026

Honda to supply engines for Aston Martin even if Fernando Alonso is still with the team. Alonso and the engine maker had a nasty split in 2015 when the Spaniard was highly critical of Honda's F1 efforts.

Here are the details

Honda to supply engines for Aston Martin F1 team. Honda had been working as a technical partner for both Red Bull and AlphaTauri since 2021.

Honda will return as a factory Formula One supplier in partnership with Aston Martin in 2026 when F1 introduces new engine regulations, even if Fernando Alonso is still with the team.
Alonso and the engine maker had a nasty split in 2015 when the Spaniard was highly critical of Honda's F1 efforts.
He drives for Aston Martin now, and the team announced on Wednesday in Tokyo that it will have a works partnership with Honda beginning with the 2026 season.
Honda was lured back into a more prominent engine role in F1 with the upcoming new regulations, which are part of F1's goal of achieving carbon neutrality by 2030.
The engines beginning in 2026 will have an engine/electric motor maximum power output ratio of 50/50 and use 100% sustainable fuel.
Ford has said it plans to return to F1 in 2026 under the new regulations with Red Bull, while General Motors under its Cadillac banner wants in if Michael Andretti is granted a team.
Honda officially pulled out as a works program with Red Bull after the 2021 season &mdash; Max Verstappen's first championship year &mdash; and it has only aided as a technical partner for both Red Bull and AlphaTauri since. Aston Martin gets its engines from Mercedes.
The FIA has so far approved for 2026 engines from Alpine, Audi, Ferrari, Honda, Mercedes, and Red Bull with Ford. Audi will also be a new entrant.
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The recall covers some of the the automaker's top-selling models including the 2017 through 2020 CR-V, the 2018 and 2019 Accord, the 2018 through 2020 Odyssey and the 2019 Insight. Also included is the Acura RDX from the 2019 and 2020 model years

Honda recalling 500,000 vehicles in U.S & Canada over this reason 

Honda recalling 500,000 vehicles to fix seat belt problem in U.S & Canada 

The recall covers some of the the automaker's top-selling models in U.S &amp; Canada including the 2017 through 2020 CR-V, the 2018 and 2019 Accord among others

Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly.
The recall covers some of the the automaker's top-selling models including the 2017 through 2020 CR-V, the 2018 and 2019 Accord, the 2018 through 2020 Odyssey and the 2019 Insight. Also included is the Acura RDX from the 2019 and 2020 model years.
Honda says in documents posted by U.S. safety regulators that the surface coating on the channel for the buckle can deteriorate over time. The release button can shrink against the channel at lower temperatures, increasing friction and stopping the buckle from latching.
If the buckle doesn't latch, a driver or passenger may not be restrained in a crash, increasing the risk of injury.
Honda says it has not received reports of injuries caused by the problem.
Dealers will replace the front seat belt buckle release buttons or the buckle assemblies if needed. Owners will be notified by letter starting April 17.

Afeela a new EV brand from Sony and Honda show cases its first car at CES 2023

CES 2023: Sony, Honda introduce new Afeela EV brand

Afeela a new EV brand from Sony and Honda show cases its first car at CES 2023

Sony and Honda have announced the creation of Afeela, a new electric car brand that aims to provide a sensory and interactive experience for its users. The prototype of the company's first vehicle was unveiled by Yasuhide Mizuno, CEO of Sony Honda Mobility, at CES 2023.
The Afeela car will feature Honda's safety and driver assistance systems as well as Sony's entertainment and interactive features, including an exterior display screen and a plethora of entertainment options. The car is equipped with 45 cameras and sensors for safety, both inside and outside the vehicle.
Afeela will be available for ordering and purchase in 2025, with the first deliveries in North America scheduled for 2026.

Cars to become expensive from Jan 1st; Here's a list of companies which have hiked price 

Cars to become expensive from Jan 1st?

The price increment announced by the carmakers will take effect from January 2023

Amid a constant increase in input costs and overall inflation, major automakers have announced that they will be increasing the price of vehicles in India starting January 2023.&nbsp;
From India&rsquo;s largest carmaker, Maruti Suzuki to luxury automaker, Mercedes-Benz have announced that they will hike the prices of its models from January 2023 and that the increase will vary for different models.&nbsp;
While Maruti stated that recent regulatory requirements and inflation are the reasons behind why it announced the hike for different models, Mercedes-Benz said a constant increase in input costs and increased logistics costs have been exerting significant pressure on the overall operational costs of the company.&nbsp;&nbsp;
Other than this, companies like Honda, Tata Motors, Hyundai, Mercedes-Benz, Audi, Renault, Kia India and MG Motor have also made the year-end announcements to hike prices from Janurary 1st.&nbsp;&nbsp;

Honda H'ness CB350 Walkaround | Details, specs, exhaust sound & more

The H'ness 350 is Honda's answer to the Royal Enfield Classic 350. But does the Honda CB350 have what it takes to dethrone the king of the segment? Can it really beat the Classic 350, which has a huge fan following? All this suggests the Honda H&rsquo;ness CB350 India has its work cut out. And what about the Honda H&rsquo;ness CB35 specifications? Well, watch our Honda H&rsquo;ness CB350 review to find out all about the bike.

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