Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.
Japanese automakers Nissan and Honda have announced plans for a merger that would catapult them to a top position in an ...
Facing extreme competitive pressure from the rise of Chinese EV makers, the Nos. 2 and 3 Japanese automakers turn to each ...
That still puts the new proposed company behind Volkswagen, and far behind Toyota. It would have placed them just above ...
Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the ...
Japan's Honda and Nissan said Monday they had embarked on formal merger talks that would create the third-largest car ...
Honda's shares went up by as much 17% when local markets opened on Tuesday.
The companies hope a merger can help them take on Tesla and Chinese EV producers amid an increasingly difficult environment ...
Japan's number two and three automakers behind ... in 2010 but hasn't become a top name for EVs. A merger between Honda and Nissan would not be a marriage of equals. Honda's market capitalisation ...
A preliminary agreement between Honda, Japan’s second-largest automaker, and Nissan, third largest, was announced in March. A merger could result in a behemoth worth about $55 billion based on ...
The merger of Honda, Japan's second-largest automaker, with Nissan, its No. 3, would be the biggest reshaping in the global auto industry since Fiat Chrysler Automobiles and PSA merged in 2021 to ...
Automakers in Japan have lagged behind their big ... They jumped more than 20% after news of the possible merger broke last week. Honda’s shares surged 3.8%. Honda’s net profit slipped nearly ...