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.”

JSW MG Motor India, which had announced its first product the MG Cyberster that will be sold under its premium product strategy MG Select, has released a performance teaser.

The company shared that the MG Cyberster, which takes inspiration from the MG B Roadster of the 1960’s, is tuned by former Italian F1 Engineer, Marco Fainello. The vehicle is said to offer a thrilling driving experience to customers.

The MG Cyberster features a dual motor setup that delivers 510 PS of power and 725 Nm of torque. It uses an 8-layer flat wire winding and waterfall oil-cooled motor, which promises an efficient performance even at high temperatures.

The roadster features front double wishbone and a rear five-link independent suspension that enables 50:50 front and rear weight distribution for enhanced vehicle stability.

JSW MG Motor India shared that the aerodynamic Kammback design enhances lateral stability, minimising vehicle's body roll that makes the vehicle safe.

The company is set to open exclusive experience centres in 12 cities under the MG Select brand.

Range Rover has launched the first-ever locally manufactured Range Rover Sport SUV in India. Built on the MLA-Flex platform, the 2025 Range Rover Sport is available in 3.0l Petrol Dynamic HSE and 3.0l Diesel Dynamic HSE variants. The SUV comes in five colour options – Fuji White, Santorini Black, Giola Green, Varesine Blue and Charente Grey – at a starting price of INR 14.5 million ex-showroom.

The 2025 Range Rover Sport features semi-aniline leather seats and takes the comfort and elegance quotient higher with its massage front seats and additional features such as front and rear winged headrests, illuminated seat belt buckles and illuminated aluminium treadplates bearing the Range Rover script.

Along with the current Pivi Pro infotainment system, which includes a high-resolution floating 33.27 cm (13.1 inch) haptic touchscreen in the middle of the futuristic dashboard, the 2025 Range Rover Sport has a head-up display. To improve the welfare of all passengers and establish and maintain the ideal driving environment, next-generation Cabin Air Purification Pro is offered. Unprecedented refinement is provided by dynamic air suspension, and all-around capabilities is increased by features like adaptive off-road cruise control and preemptive air suspension. The new Low Speed Manoeuvring Lights offer the utmost in ease, while the new Digital LED Headlights with Adaptive Front Lighting ensure high-performance visibility.

Rajan Amba, Managing Director, JLR India, said: “The latest Range Rover Sport sets a new benchmark in desirability and is one of our most advanced and dynamically capable vehicles. With the introduction of new features such as perforated semi-aniline leather seats, massage front seats and head-up display, our discerning clients will get an elevated experience of comfort and technology in Range Rover Sport.”

Hyundai Motor India (HMIL), a leading manufacturer of passenger vehicles in the country, is all set to equip its vehicles with Amaron’s made-in-India Absorbent Glass Mat (AGM) battery technology.

The AGM battery are said to offer quick charging, longevity, low self-discharge, require minimal maintenance and are power efficient, which the OEM said makes the idle for vehicles with ISG (Idle Stop and Go) systems. Furthermore, the partners believe that since these batteries will be locally produced they will enhance job creation, help reduce imports and cut down on carbon footprint.

The AGM battery has been extensive tested by Hyundai Motor Company at its global R&D centre in Namyang, South Korea, which will also allow it to be introduced in the Korean automakers next-gen vehicles for Indian market.

Hyundai Motor India shared that it will use it as SLI (starting, lighting and ignition) battery and will acquire them under its existing procurement agreement with Amara Raja Energy & Mobility (ARE&M). This it claims will also make it the first OEM in India to use localised AGM tech. The first locally produced models to come with AGM batteries will be in Q4 FY2025.

Gopalakrishnan Chathapuram Sivaramakrishnan, Whole-time Director and Chief Manufacturing Officer, Hyundai Motor India, said, “At Hyundai Motor India, adopting innovative technology to exceed the ever-evolving customer expectations has been our forte. HMIL is poised to become the first auto OEM in India to introduce indigenously manufactured AGM (Absorbent Glass Mat) battery technology in its products, made by Amara Raja Energy & Mobility. Besides, working with an Indian company for this world-class technology is a true testament to HMIL’s commitment towards localisation, well aligned with the Government of India’s ‘Atmanirbhar Bharat’ initiative.”

Harshavardhana Gourineni, Executive Director, Amara Raja Energy & Mobility, said, “We are thrilled to be a part of Hyundai Motor India’s journey of redefining future mobility. This is a significant step in Amaron’s mission to deliver world-class energy solutions that meet the evolving demands of Original Equipment Manufacturers (OEMs). These batteries are designed to meet stringent Real Driving Emissions (RDE) norms like India’s BS6 Phase 2 standards.”

Kia India has marked the global debut of the Syros compact SUV in the country, which is set to enable the South Korean automaker to compete against the likes of Tata Nexon, Maruti Suzuki Brezza and Hyundai Venue in the segment.

Built on the K1 platform, the Kia Syros is equipped with a host of tech including Level 2 ADAS, rear sliding, reclining & ventilated seats, dual-pane panoramic sunroof. The company claims that in addition to be loaded with hi-tech it also gets 20 safety package including - Electronic Stability Control (ESC), Hill Start Assist control, six airbags, Vehicle Stability Management, Electric Parking Brake with Auto Hold. It also is equipped with Connect 2.0 that provides SOS emergency support, real-time diagnostics, and stolen vehicle tracking.

The Kia Syros can be had in two engine options - Smartstream 1.0-litre turbo petrol engine that produces 88.3 kW (120PS) 172 Nm and 1.5-litre CRDi diesel engine producing 85 kW (116PS) / and 250 Nm of torque, paired with manual and automatic transmission.

Gwanggu Lee, MD and CEO, Kia India, said, "Kia India has always been driven by a challenger spirit, setting new benchmarks in the automotive industry with our commitment to innovation, technology, and customer-centric design. Our journey since the first launch has been nothing short of remarkable, with a growing presence across the country and a focus on delivering high-quality, aspirational vehicles. With the Syros, we are further enhancing our product portfolio, offering a new species of SUV that combines superior comfort, cutting-edge technology, and bold design”.

To meet the diverse customer needs, the Kia Syros is being introduced in four standard trims and 2 option trims HTK, HTK (O), HTK+, HTX, and HTX+, HTX+(O).