Japan’s Honda, Nissan aim to conclude merger talks in June: media

Honda showcases the GT model at the 2024 China International Import Expo in Shanghai in November. LI FUSHENG/CHINA DAILY TOKYO — Major Japanese carmakers Honda Motor and Nissan Motor are aiming to conclude their merger talks in June 2025, local media reported Monday. The two companies are expected to strike a basic agreement on Monday… Continue reading Japan’s Honda, Nissan aim to conclude merger talks in June: media

How the average car went from £1000 to £29,000 in 75 years

Inflation has been a subject on everyone’s lips in 2024, not least with regards to new car prices, which we were recently told had risen 129% over the past 15 years. Goodness gracious! Now, with the few gaps in Autocar’s digital archive having been filled, the possibility of taking a long-term view is intriguing. Working out an… Continue reading How the average car went from £1000 to £29,000 in 75 years

Honda, Nissan Deal May Be Key in Fight Against China’s BYD

(Bloomberg) — Honda Motor Co. absorbing Nissan Motor Co. could give the two struggling Japanese brands the scale they need to take on China’s BYD Co., sales figures released Wednesday show. Most Read from Bloomberg Honda, which earlier this week sketched out plans for a deal that amounts to an acquisition of Nissan, sold 3.43… Continue reading Honda, Nissan Deal May Be Key in Fight Against China’s BYD

Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

watch now Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and]… Continue reading Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid… Continue reading Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008438

Japan is trying to create a second heavyweight in the global car market through the merger and cooperation of Honda, Nissan and Mitsubishi. According to the combination of the current half-yearly data, a car company combined from the previously independent companies would be the third largest car company in the world with a combined turnover… Continue reading German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008438

German FAZ: Honda shares from Allianz with Nissan are soaring 008437

Asian stock markets rose slightly on Tuesday. However, movements were limited in a holiday-shortened week. China continues to struggle with a faltering recovery, despite leaders in Beijing pledging more support. “China faces significant challenges in 2025,” said Ronald Temple, chief market strategist at Lazard. “The ongoing housing crisis has shaken consumer confidence. A possible trade… Continue reading German FAZ: Honda shares from Allianz with Nissan are soaring 008437