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Tag: Renault
Wednesday Morning Auto News, Dec 18, 2024: Honda explores Nissan merger, Foxconn wants in, too. Renault O.K. with it. More.
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Nissan-Honda merger would create new automotive powerhouse
The reported merger talks between Honda and Nissan could divide the Japanese car-making industry into two powerful entities. Neither Honda nor Nissan has confirmed plans for a merger, first reported on 17 December by the Japanese newspaper Nikkei. However, the pair agreed to work together on software and EVs in August. A merger would create an automotive force… Continue reading Nissan-Honda merger would create new automotive powerhouse
Honda-Nissan merger talks mark Japan Inc’s new consolidate-to-survive mood
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Honda-Nissan merger talks mark Japan Inc’s new consolidate-to-survive mood
Honda and Nissan to start talks on potential mega-merger
Makoto Uchida, president and CEO of Nissan Motor (left) and Toshihiro Mibe, Honda Motor president and CEO. Photograph: Kyodo/Reuters View image in fullscreen Makoto Uchida, president and CEO of Nissan Motor (left) and Toshihiro Mibe, Honda Motor president and CEO. Photograph: Kyodo/Reuters Honda and Nissan to start talks on potential mega-merger Japanese car firms embark… Continue reading Honda and Nissan to start talks on potential mega-merger
Honda, Nissan to begin discussions on possible merger: Report
Honda and Nissan are looking to begin talks on a possible merger that could eventually encompass Mitsubishi Corporation, Bloomberg noted citing Nikkei.This deal could effectively form an auto rival to Toyota Motor Corp, amalgamating the auto industry into two factions, while also giving Nissan and Honda more ammunition to take on larger rivals, Bloomberg noted. … Continue reading Honda, Nissan to begin discussions on possible merger: Report
California wins the first round against Trump as Tesla faces down a union coup
On today’s episode of Quick Charge, the Trump administration has lost its first battle against state’s rights in California while Tesla faces down (what it’s calling) a union coup in Germany. Meanwhile, SoCal Edison puts 280 Chevy Silverado EV pickups to work on California’s roads and Colorado is putting up a bunch of new DC… Continue reading California wins the first round against Trump as Tesla faces down a union coup
Honda and Nissan reportedly open merger talks
Honda and Nissan are reportedly set to discuss a merger. The Japanese publication Nikkei said the two automakers plan to sign a memorandum of understanding to sort out shared equity stakes in a new holding company for the consolidated rivals. The potential merger would combine the assets of Japan’s second- and third-biggest automakers, giving them… Continue reading Honda and Nissan reportedly open merger talks
European automakers slash EV prices while raising ICE models
Volkswagen ID.3 GTX FIRE+ICE (Source: Volkswagen) European automakers are reducing prices on EVs while raising prices on their ICE models, all in hopes of avoiding hefty fines as the European Union’s new emissions rules tighten at the beginning of 2025. On January 1, the EU will drastically lower its cap on automotive CO2 emissions, meaning… Continue reading European automakers slash EV prices while raising ICE models
Honda and Nissan close in on an EV merger to survive the industry’s rapid shift to electric
Japanese automakers are taking drastic measures to keep pace with Tesla and Chinese EV leaders like BYD. Honda and Nissan are now closing in on an EV merger to join resources and fend off the incoming competition. The tie-up will likely involve a third auto partner from Japan. Honda and Nissan to enter new EV… Continue reading Honda and Nissan close in on an EV merger to survive the industry’s rapid shift to electric