Honda Motors will be cautious about starting production of electric vehicles due to uncertainty about President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.
Honda Motor revealed the company's newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in Ohio. The vehicles are the Honda 0 Saloon, which is an updated version of a concept car revealed last year at CES, and the Honda 0 SUV.
The global automotive industry is on the verge of a seismic shift. Honda Motor Co., Ltd.
Former Nissan CEO Carlos Ghosn says Honda is destined to dominate any future company resulting from a merger with Nissan, claiming his former firm will be the victim of 'carnage.'
Embattled Honda and Nissan are in talks to merge at a time of auto industry upheaval. The post 3 Powerful Forces Driving Honda And Nissan Into Each Other's Arms appeared first on Investor's Business Daily.
HMC-NSANY's potential $50B merger seeks to tackle EV challenges, cut costs and compete with Tesla and BYD, reshaping the future of Japan's auto industry.
American depositary receipts (ADRs) of Honda (HMC) advanced Tuesday after Moody's gave a positive outlook about the potential merger between the automaker and Japanese rival Nissan.
Honda and Nissan expect big benefits from their potential merger to create the world's third-largest auto group but intense competition from China raises questions about whether they can make it work in time.
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
On Monday, Japanese automakers Nissan and Honda announced they have begun official negotiations to merge, which could catapult them to the world's third-largest carmaker by sales. During the same day, the company announced its share buyback plans by December 23 next year, which amounts to 24% of its issued shares.
Mark Fields, Former Ford CEO, joins 'Closing Bell Overtime' to talk Honda and Nissan entering merger talks.
The auto sector is in focus today, as companies big and small wrestle with Honda Motor (HMC) and Nissan Motor moving forward with merger talks, with plans to reach a conclusion in June of 2025 and potentially form the third largest automaker in the world.