Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.
Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the ...
Once they find a common direction, Honda and Nissan will draw up a definitive agreement to merge, including a plan to ...
Facing extreme competitive pressure from the rise of Chinese EV makers, the Nos. 2 and 3 Japanese automakers turn to each ...
Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position ...
Japan’s second- and third-largest automakers hope the $50 billion deal would help them catch up with Tesla and China’s BYD in ...
Nissan and Honda have announced plans to merge by 2026 in a seismic shift for the Japanese auto industry. The two carmakers signed a memorandum of understanding that allows them to continue ...
That still puts the new proposed company behind Volkswagen, and far behind Toyota. It would have placed them just above ...
Both companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China ...
"It's not a pragmatic deal because frankly, the synergies between the two companies are difficult to find," Ghosn told ...
Honda's shares went up by as much 17% when local markets opened on Tuesday.
The potential deal would create a $50 billion company that would be the world’s third-largest automaker by sales volume, ...