HydrogenPro ASA: Secures NOK 70 million from existing investors and conditionally NOK 70 million from new strategic partner

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. OSLO,… Continue reading HydrogenPro ASA: Secures NOK 70 million from existing investors and conditionally NOK 70 million from new strategic partner

Mitsubishi Motors North America Celebrates Five Years in Tennessee

FRANKLIN, Tenn., Dec. 20, 2024 /PRNewswire/ — Mitsubishi Motors North America, Inc. (MMNA) is proud to celebrate its five-year anniversary in Tennessee this month, marking a significant milestone in the company’s growth and success in the U.S. since operations began in 1982. For 37 years, MMNA called Cypress, Calif. its home, before relocating all headquarters… Continue reading Mitsubishi Motors North America Celebrates Five Years in Tennessee

George C. Chaconas of Performance Brokerage Services Represents Kelly Auto Group on the Sale of Infiniti of Melbourne in Florida

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Infiniti of Melbourne in Florida from Kelly Auto Group to Jaime Vergara. IRVINE, Calif.  , Dec. 20, 2024 /PRNewswire/ — Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Infiniti of Melbourne in Florida… Continue reading George C. Chaconas of Performance Brokerage Services Represents Kelly Auto Group on the Sale of Infiniti of Melbourne in Florida

Honda and Nissan hold merger talks

Honda and Nissan are reportedly in talks for a merger aimed at enhancing their competitiveness in the electric vehicle market. According to a report by the Japanese newspaper “Nikkei,” the two companies are planning to sign a memorandum of understanding aimed at exploring the establishment of a new holding company. This move is seen as… Continue reading Honda and Nissan hold merger talks

German FAZ: A second car giant could emerge in Japan008409

Japan could soon become the world’s third-largest car company, with eight million vehicles sold, close to Volkswagen’s 9.2 million. As Japanese media report, Honda and Nissan want to talk about a possible merger in view of the tough global competition in electric vehicles. The creation of a holding company under which the two car companies… Continue reading German FAZ: A second car giant could emerge in Japan008409

India’s booming UV market: 32 OEMs, 128 models and 1,001 variants

While it is well known that the utility vehicle (UV) segment, which comprises hatchbacks, sedans, vans and UVs, continues to be the mover and shaker of the overall passenger vehicle segment in India, what’s not known is the real number of UV models and their variants available for sale. And the numbers are truly staggering,… Continue reading India’s booming UV market: 32 OEMs, 128 models and 1,001 variants

Here’s what a blockbuster Nissan-Honda merger could mean for the auto industry

Nissan Motor CEO Makoto Uchida (L) listens to Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan.  Tomohiro Ohsumi | Getty Images News | Getty Images Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, sending shock waves through the global automotive… Continue reading Here’s what a blockbuster Nissan-Honda merger could mean for the auto industry

CNBC Daily Open: Stocks are still staying alive despite the Dow’s 9-day losing streak

Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to… Continue reading CNBC Daily Open: Stocks are still staying alive despite the Dow’s 9-day losing streak

Nissan shares notch best day in at least 40 years after reports on potential mega merger with Honda

Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024.  Richard A. Brooks | Afp | Getty Images Nissan Motor shares saw a record surge Wednesday following a media… Continue reading Nissan shares notch best day in at least 40 years after reports on potential mega merger with Honda

German FAZ: A second car giant could emerge in Japan008399

Japan could soon become the world’s third-largest car company, with eight million vehicles sold, close to Volkswagen’s 9.2 million. As Japanese media report, Honda and Nissan want to talk about a possible merger in view of the tough global competition in electric vehicles. The creation of a holding company under which the two car companies… Continue reading German FAZ: A second car giant could emerge in Japan008399