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
Tag: Mitsubishi
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
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
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
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
Japan’s Honda and Nissan to reportedly begin merger talks
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Kyodo | Via Reuters DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly… Continue reading Japan’s Honda and Nissan to reportedly begin merger talks