Honda and Nissan reportedly in merger talks to combat EV competition
Japanese automakers Honda Motor (NYSE:HMC) and Nissan Motor Co are reportedly set to begin merger negotiations to tackle mounting competition from global electric vehicle (EV) leaders like Tesla and China's BYD, the Nikkei reported on Tuesday. The merger would establish a single holding company and could include Mitsubishi Motors, in which Nissan holds a 24% stake, creating one of the world's largest auto groups.
Honda And Nissan In Merger Talks Amid Efforts To Boost EV Offerings, Report Says
Nissan Motor and Honda Motor plan to enter negotiations for a merger that will likely include Mitsubishi Motors, a deal intended to help the newly formed company compete in the growing electric vehicle market, the Japanese publication Nikkei reported Tuesday.
Japan's Honda and Nissan to reportedly begin merger talks
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported on Tuesday. Honda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding, according to the report.
Japan's Honda and Nissan in talks of merger amid EV competition, Nikkei reports
Japanese automobile giants Honda Motor and Nissan Motor will enter negotiations toward a merger and join their resources to better compete against larger electric vehicle makers globally, the Nikkei newspaper reported on Tuesday.
Honda aims to double hybrid car sales by 2030 as 'bridge' to EV era
Honda Motor aims to double its global hybrid car sales to 1.3 million vehicles annually by 2030 from 2023 levels, providing a "bridge" until fully electric vehicles become more widespread, the Japanese automaker said on Wednesday.
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei.
Trade Tracker: B&G Foods, Conagra, Honda, Intuit and GXO
The Investment Committee detail their latest portfolio moves.
Honda recalls nearly 206K vehicles for possible fuel leaks
Honda is recalling nearly 206,000 Passport and Pilot vehicles that could potentially experience a fuel leak.
Honda to recall over 205,000 US SUVs over fuel leak concern, NHTSA says
The National Highway Traffic Safety Administration said on Thursday that Honda would recall about 205,760 SUVs in the United States over a fuel leak issue.
TM or HMC: Which Japanese Auto Giant is the Better Bet?
Read on to know which of these automotive giants, Toyota or Honda, holds the upper hand in terms of investment now.
Here's why the Honda Motor stock price has crashed
Honda Motor stock price has remained under pressure this year as it moved into a deep bear market. It has dropped by over 30% and was trading at ¥1,300, its lowest level since August 5.
Honda Builds Demonstration Production Line for Solid-State Batteries
HMC builds a demonstration facility in Sakura City, Japan, to mass-produce solid-state batteries at lower costs.
