The new entity will have a combined market cap of $50 billion. It is expected to have a revenue of $191 billion and profit of ...
Just days after Honda, Nissan, and Mitsubishi sent the automotive world into a collective “wait, what?” moment by announcing their intention to merge into a single entity, the Renault Group—Nissan’s ...
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 ...
Honda Motor Co. and Nissan Motor Co. plan to merge under a holding company with the top executives chosen by Honda in a ...
Carlos Ghosn explained why it's a bad move for Nissan to merge with Honda in a recent interview. Find out more.
Honda and Nissan are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that ...
Despite the announced merger plans between Nissan Motor and Honda Motor, Hon Hai Precision Industry (Foxconn) is still ...
Shares of Japanese automaker Honda surged over 15% following its announcement to buy back up to 1.1 trillion yen ($7 billion) ...
Automakers in Japan have lagged rivals in electric vehicles and are trying to make up for lost time as BYD and Tesla devour ...
Both companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China ...
Under the proposed plan, Mitsubishi has until the end of January 2025 to decide whether or not to be part of the cooperation ...
Currently Nissan and Honda are Japan's second- and third-biggest automakers, behind Toyota. Their pairing up would give both brands a stronger path forward with electrification and full EVs, something ...