TOKYO : Shares of Japanese automaker Mitsubishi Motors rose more than 6 per cent on Monday following local media reports the company is in talks to join an alliance between Nissan Motor and Honda Motor.
FILE PHOTO: A logo of Mitsubishi Motors is displayed during a press day of the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato/File Photo
The three Japanese automakers are considering teaming up to standardise in-vehicle software that controls cars, several media outlets, including Kyodo and the Nikkei business newspaper, said.Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms.
Shares of Mitsubishi Motors were up 6.4 per cent in late morning trade, while those of Nissan rose 2.4 per cent and Honda's gained 2.7 per cent. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.
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