TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s ...
Shares of Japanese automaker Honda surged over 15% following its announcement to buy back up to 1.1 trillion yen ($7 billion) ...
The plan announced Monday by Japanese automakers Honda and Nissan to merge by 2026 highlights how the rise of Chinese ...
The merger talks come amid competition from China in the auto industry and the increasing popularity of electric vehicles.
The proposed deal aims to unify operations under a joint holding company, led by Honda, while maintaining the distinct ...
Nissan and Honda agreed to consider a merger and set up a joint holding company, which would create the world's third-largest ...
Currently, Honda is an independent OEM, albeit one with strong links to General Motors. Meanwhile, Nissan currently forms one ...
If Mitsubishi Motors joins Nissan and Honda, the merger could result in a behemoth worth of about $55 billion based on the ...
Japan’s second- and third-largest automakers hope the $50 billion deal would help them catch up with Tesla and China’s BYD in ...