Japanese auto majors Nissan Motor Co and Honda Motor Co, which have officially announced integration between the two companies by establishing a joint holding company, which aims to develop Japan’s industrial base as a ‘leading global mobility company’.

On 15 March, the partners first came together by announcing a strategic partnership for vehicle intelligence and electrification, which was followed by an announcement on 1 August to deepen the strategic partnership towards exploring fundamental technologies in the are of platforms for next-generation software defined vehicles (SDVs).

Given the highly competitive global automotive industry landscape and the pace of new technological innovations, the partners have now further joined forces to become more competitive.

In a joint announcement, the companies have said that through the business integration, they aim to bring together ‘management resources such as knowledge, human resources, and technologies; create deeper synergies; enhance the ability to respond to market changes; and expect to improve mid- to long-term corporate value.

In addition, Nissan and Honda will create a ‘leading global mobility company’ by bringing together Nissan and Honda's four-wheel-vehicle and Honda's motorcycle and power products businesses,

The outlined potential synergies include – standardising vehicle platforms across ICE, HEV, PHEV and EV Models; joint research in SDV and collaboration in all R&D functions; optimise manufacturing systems and facilities; integration of purchasing functions to provide competitive advantage across the supply chain; operational efficiency improvements; integrating sales finance function and establishment of a talent foundation for intelligence and electrification.

As per the understanding, Nissan and Honda will establish a joint holding company which is set to be listed on Tokyo Stock Exchange by August 2026. Post the listing, both the companies will become a wholly-owned subsidiaries of the joint holding company and will delist from Tokyo Stock Exchange.

The partners expects with the synergies in place they can attain sales revenue exceeding YEN 30 trillion and operating profit of more than YEN 3 trillion.

The new organisation will see Honda nominate a majority of internal and external directors. The President and representative director or president and representative executive officer of the joint holding company will be selected from among the directors nominated by Honda.

On the other hand, Nissan Motor Co, Honda Motor Co, and Mitsubishi Motors Corporation have also signed a Memorandum of Understanding (MoU) to explore the possibility of Mitsubishi Motors’ participation, involvement and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MoU signed between Nissan and Honda.

Makoto Uchida, Director, President, CEO and Representative Executive Officer, Nissan, said, “"Today marks a pivotal moment as we begin discussions on business integration that has the potential to shape our future. If realised, I believe that by uniting the strengths of both companies, we can deliver unparalleled value to customers worldwide who appreciate our respective brands. Together, we can create a unique way for them to enjoy cars that
neither company could achieve alone.”

"Honda and Nissan have begun considering a business integration, and will study the creation of significant synergies between the two companies in a wide range of fields. It is significant that Nissan's partner, Mitsubishi Motors, is also involved in these discussions. We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base," added Uchida.

Toshihiro Mibe, Director and Representative Executive Officer, Honda, said: "Creation of new mobility value by bringing together the resources including knowledge, talents, and technologies that Honda and Nissan have been developing over the long years is essential to overcome challenging environmental shifts that the auto industry is facing. Honda and Nissan are two companies with distinctive strengths. We are still at the stage of starting our review, and we have not decided on a business integration yet, but in order to find a direction for the possibility of
business integration by the end of January 2025, we strive to be the one and only leading company that creates new mobility value through chemical reaction that can only be driven through synthesis of the two teams."

At this time of change in the automobile industry, which is said to occur once every 100 years, we hope that Mitsubishi Motors' participation in the business integration discussions of Nissan and Honda will lead to further social change and that we will be able to become a leading company in creating new value in mobility through business integration. Nissan and Honda will start the discussion from today onwards with an aim to clarify the possibility of business integration by around the end of January in line with the consideration of Mitsubishi Motors," added Mibe.

Takao Kato, Director, Representative Executive Officer, and President and CEO, Mitsubishi Motors, said: “In an era of change in the automotive industry, the study between Nissan and Honda about a business integration will accelerate synergy maximisation effects, bringing high value also to the collaborative businesses with Mitsubishi Motors. In order to realise synergies and to make the best use of each company's strengths, we will also study the best form of cooperation.”

Hyundai Motor Company, one of the leading passenger vehicle manufacturers globally, has redesigned the IONIQ 6 and the all-new NEXO fuel cell electric vehicle (FCEV) at the Seoul Mobility Show 2025.

Building upon the success of the original IONIQ 6 launched in 2022, the refreshed model features a more refined aesthetic and improved proportions, embodying the design philosophy of ‘Pure Flow, Refined.’

Senior Vice-President Simon Loasby noted that the lineup each expresses a distinct character while adhering to a cohesive vision. Key exterior updates include an elevated hood, sharper curves, and the removal of the prominent rear spoiler in favour of a more integrated ducktail design to enhance aerodynamics. The vehicle now sports updated front and rear lighting with slim DRLs and modern chrome accents, while the economic body flow reflects its streamlined nature.

On the Inside, the IONIQ 6 offers the ‘Mindful Cocoon’ experience, prioritising user comfort with new steering wheels, premium materials and enhanced functionality, including an enlarged climate control display.

In tandem, Hyundai presented the IONIQ 6 N Line variant, which inherits aggressive design elements from the RN22e Rolling Lab. The N Line features bold, wing-shaped bumpers and extensive use of black accents for a sportier profile. The announcement teased the upcoming release of the IONIQ 6 N, a high-performance variant set to debut in July 2025.

NEXO

The all-new NEXO represents Hyundai's commitment to redefining hydrogen electric vehicles. With an anticipated range exceeding 700 km from a five-minute refuelling, the second-generation NEXO is said to underscore Hyundai's expertise in fuel cell technology cultivated over 27 years. This new model embraces the 'Art of Steel' design language, reflecting strength and form through bold lines and a sturdy architecture, while ‘HTWO’ lamps solidify its identity as an FCEV.

Aerodynamically optimised and sporting a spacious interior, the NEXO offers advanced comfort with features like Premium Relaxation Seats, a roomy cabin with improved cargo capacity of up to 993 litres, and sustainable materials throughout. The vehicle's design marries modern aesthetics with practical usability, such as smart storage solutions and digital displays.

Performance-wise, the NEXO's powertrain advancements boost the power output to 190 kW from a previous 135 kW, facilitating a quicker 0-100 kmph time of 7.8 seconds. The FCEV's fuel efficiency has also improved thanks to an increase in hydrogen tank capacity to 6.69 kg, coupled with innovative aerodynamic enhancements for better efficiency.

Hyundai has integrated host of tech like intuitive navigation enhancements and advanced driver assistance systems (ADAS), ensuring high safety standards. NEXO aims for top-tier safety ratings, featuring multiple airbags and an ultra-rigid structure to protect occupants and the hydrogen tank.

Scheduled for global release later this year, the new NEXO signifies Hyundai's leadership in hydrogen as they continue to innovate and strengthen their offerings within the clean mobility spectrum.

Maruti Suzuki India, the country’s largest carmaker, has attained another milestone with its WagonR hatchback continuing to be the best-selling passenger vehicle for the fourth year in a row.

With 198,451 units sold in FY2025, the WagonR alone consisted 11 percent of the total passenger vehicle sales for Maruti Suzuki India. Till date, the WagonR has gone home to over 3.37 million customers.

Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India, said, “WagonR’s sustained leadership in the Indian automotive market underscores strong customer trust and an unmatched value proposition over 25 years. Our focus on innovation and customer-centricity has ensured that the WagonR remains a top choice for Indian families. In fact, 1 in every 4 WagonR customers returns to repurchase India’s highest-selling car, a reflection of its widespread appeal and the confidence our customers place in the brand.”

“Hatchbacks are an integral pillar of India's automobile industry. The WagonR's consistent leadership, securing its position as the highest-selling vehicle for four consecutive years, underscores the significance of this segment in driving long-term industry growth. Looking ahead, this segment will continue to be a cornerstone in spreading the joy of mobility to every Indian household," he added.

The WagonR is available with K-Series Dual Jet, Dual VVT engine in 1.2-litre and 1.0-litre engine options in both manual and Auto Gear Shift (AGS) transmissions.

With a wide range of powertrain and variant options, the WagonR continues to offer a unique appeal in its segment, giving customers greater choice to suit their requirements perfectly. With cumulative sales exceeding 33,73,884 units, WagonR has been the go-to choice for those seeking the joy of mobility.

Maruti Suzuki India Achieves Record-Breaking Sales In FY 2024-25

Hyundai Motor India (HMIL), a leading passenger vehicle manufacturer, has introduced a new ‘Wired to Wireless Adapter’ for the Hyundai Alcazar SUV.

The adapter will enable seamless wireless Apple CarPlay and Android Auto access for Alcazar (Prestige, Platinum and Signature variant) customers, which will allow them to effortlessly use their phone applications on the infotainment system without using a cable.

Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India, said, "At Hyundai Motor India, our focus is to empower customers by providing best-in-class technology that elevates their driving experience. The introduction of our ‘Wired to Wireless Adapter’ is a significant step in meeting the expectations of today’s tech-savvy customers, who expect seamless connectivity throughout their journeys. We believe this innovation will enhance the in-car entertainment experience of our customers."

Honda Cars India (HCIL), a leading manufacturer of premium cars in India, has announced its wholesales for FY2025. 

The company sold a total of 126,151 units, a marginal growth of 1.59 percent YoY, as compared to 124,173 units sold in FY 2024.

Of this, domestic sales came at 65,925 units, down 23.8 percent YoY, while exports at 60,226 units, grew by 60 percent YoY.

At present, the company’s product portfolio for India includes the Honda Amaze sedan, Honda Elevate SUV and Honda City sedan. The company’s sales performance can be attributed to the fact that, Honda Cars India currently lacks a wider SUV portfolio, which has been primarily the sales driver for most automakers in the country.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “HCIL sales performance in FY2024-25 has been in line with the ongoing tough business environment. While on domestic front, the industry faced challenges in creating fresh demand from the market which was also reflected in HCIL domestic sales, we recorded our highest ever export volumes led by strong export business of Elevate to Japan. The recent launch of all-new Amaze has been well received from the market strengthening our position in the family sedan segment.”

“While demand creation may still present challenge in the new fiscal year, we remain optimistic and believe our commitment to customer satisfaction will enable us to navigate the market effectively and continue driving positive results," he added.