German FAZ: But not a new giant car company from Japan008684

The third largest car company in the world could have become Volkswagen from a merger of the three Japanese car companies Honda, Nissan and Mitsubishi. But the plans that were announced shortly before Christmas now seem to fail. Japanese media report that Nissan wanted to suspend the merger talks with Honda Motor, since the two… Continue reading German FAZ: But not a new giant car company from Japan008684

German Manager Magazin: Nissan and Honda set merger talks from003939

The merger plans of the two Japanese carmakers Honda and Nissan threaten to fail. Nissan will suspend the merger talks with Honda, since no agreement on the conditions of the deal could be reached, the Japanese economic portal “Nikkei” reported on Wednesday. Nissan in particular is under an economical pressure. It was only in November… Continue reading German Manager Magazin: Nissan and Honda set merger talks from003939

Nissan calls off merger talks with Honda: Report

Nissan has cancelled merger discussions with Honda. This effectively puts on hold what would have been the world’s number three automaker, Reuters reported.  Nissan shares fell more than 4% before trade was suspended by Tokyo Stock Exchange, following the report by Nikkei. Honda shares were up around 8%, in signs of relief about the deal… Continue reading Nissan calls off merger talks with Honda: Report

New Honda takeover proposal for Nissan threatens collapse of merger talks

$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 New Honda takeover proposal for Nissan threatens collapse of merger talks

Why Mercedes-Benz’s driver assistance system ranks higher than Tesla’s

Tesla‘s Autopilot system has gone from being a leader in advanced driver assistance systems to merely middle of the pack.   The company’s driver assistance technology, which uses names such as “Autopilot” and “Full Self-Driving,” ranked eighth on a list by Consumer Reports, behind similar systems from Ford, General Motors, Mercedes-Benz, BMW and mainstream import… Continue reading Why Mercedes-Benz’s driver assistance system ranks higher than Tesla’s

CNBC Daily Open: As Trump pauses tariffs on Mexico and Canada, China makes its move

Cargo ships and containers at Qingdao port in eastern China’s Shandong province on Dec. 4, 2024. Stringer | Afp | Getty Images 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… Continue reading CNBC Daily Open: As Trump pauses tariffs on Mexico and Canada, China makes its move

Steve Young Blog: Are dealers in the driving seat?

Headline news in the Dutch press last week was that the Louwman Group had cut all ties with Stellantis, terminating the Opel and Peugeot franchises at retail level from March 1st.  This affects a number of dealerships including some acquired just two years ago, formerly Orange Motors.  I am not privy to the reasons behind… Continue reading Steve Young Blog: Are dealers in the driving seat?

German FAZ: China, Mexico and Canada terminate resistance An008677

Donald Trump makes his threat come true and imposes far -reaching tariffs on goods from Canada, Mexico and China. The American President signed corresponding orders. According to this, tariffs of ten percent will be charged on all imports from China from next Tuesday and 25 percent on imports from neighboring countries Mexico and Canada. A… Continue reading German FAZ: China, Mexico and Canada terminate resistance An008677

Sub-£25k Dacia Bigster hits UK roads ahead of imminent deliveries

Prices top out at £29,495 for the Hybrid 155 Extreme, keeping the entire range under £30,000. Speaking to Autocar ahead of the Bigster’s price list going public, Dacia CEO Denis Le Vot explained the rationale behind pricing the Bigster so attractively. “If you take the C-segment SUV market today in Europe, these cars are trading now… Continue reading Sub-£25k Dacia Bigster hits UK roads ahead of imminent deliveries