Big news out of Japan, as Honda and Mitsubishi have signed a memorandum of understanding (MoU) for the development of a new Honda model based on the Triton pick-up truck, confirming an earlier report. This is significant because it marks the first initiative between both companies for complementary supply to each other’s product line-ups.
Honda is keeping details under wraps for now but it did say that its upcoming pick-up truck is scheduled to go on sale in the ASEAN market in 2028. This partnership is beneficial for the parties involved, as Honda will have something to offer in a segment it currently has no presence in, while Mitsubishi can increase production volume and increase capacity utilisation at its production plant in Thailand.
