Honda Motor Co. has proposed a plan to acquire shares in Nissan Motor Co., aiming to take control of the Japanese automaker and make it a subsidiary. The move is expected to help accelerate Nissan’s turnaround efforts, which have been hindered by its inability to compile a restructuring plan.
The two companies had previously agreed to establish a holding company to merge their operations, but Nissan has been struggling to finalize the details. Honda sees this as crucial for progressing with their merger plans.
It remains unclear whether Nissan will accept Honda’s proposal, as the Japanese automaker is reportedly opposed to losing control of its management. If successful, the deal would give Honda significant influence over Nissan’s strategy and operations.
Source: https://www.nippon.com/en/news/yjj2025020401017