Honda ready to revive takeover talks if Nissan CEO Uchida leaves, FT reports
Honda is willing to resume takeover talks to form the world's fourth-biggest carmaker, provided Nissan CEO Makoto Uchida steps down, the Financial Times reported on Monday, citing sources familiar with the discussions.
Honda Q3 Earnings Surpass Expectations, Revenues Decline Y/Y
HMC reports better-than-expected fiscal Q3 results and expects fiscal 2025 sales volumes from the Motorcycle & Automobile to increase year over year.
Why I've Backed the Truck and Loaded Up on These 3 High-Yield Dividend Stocks
The S&P 500 is near its all-time high. The deadline for funding the U.S. government is rapidly approaching with no budget deal finalized yet.
Honda and Nissan end talks to form a joint venture
Japanese automaker Honda reported a 7% decline in profit for the nine months that ended in December on Thursday as it terminated talks on integrating its business with Nissan.Tokyo-based Honda Motor Co. said its motorcycles business was strong, but its auto sales suffered in China and Japan, while demand stayed solid in the U.S.Honda's April-December 2024 profit totaled 805 billion yen ($5 billion), down from 869.6 billion yen the same period in 2023.Nine-month sales gained nearly 9% to 16.3 trillion yen ($106 billion).Honda and Japanese rival Nissan Motor Corp., along with the smaller Mitsubishi Motors Corp., said in December that they were in talks to set up a joint holding company.The automakers said Thursday they were ending the talks, although existing collaborations in electric vehicles and smart cars will continue.
Honda Motor Co., Ltd. (HMC) Q3 2025 Earnings Call Transcript
Honda Motor Co., Ltd. (NYSE:HMC ) Q3 2025 Earnings Conference Call February 13, 2025 3:00 AM ET Company Participants Shinji Aoyama - Director & EVP Eiji Fujimura - Chief Financial Officer Conference Call Participants Operator Thank you very much for spending your time to join us here today.
Honda's $60B merger with Nissan falls apart
The $60 billion mega-merger between Honda and Nissan has been called off, in part because of Nissan's “pride and insufficient alarm about its predicament,” writes Reuters, citing half a dozen sources.
US NHTSA launches engineering analysis into over 129,000 Honda vehicles
The U.S. National Highway Traffic Safety Administration said on Thursday it had opened an engineering analysis into 129,092 U.S. Honda Motor vehicles after receiving reports of camera failure.
Honda-Nissan merger collapses
As widely expected, Honda and Nissan have ended discussions about a potential merger but will continue working together on electric vehicle (EV) development. The two Japanese automakers, along with Mitsubishi, had considered joining forces to compete with rising Chinese EV manufacturers.
Auto giants Honda, Nissan and Mitsubishi drop merger talks
Honda and Nissan initially wanted to finalize an agreement by June.
Honda and Nissan end merger talks, say they will continue to 'collaborate'
This confirms earlier reports by Reuters that said Nissan "looks set to step back from" merger talks with rival Honda. Shares of Honda gained 2.14% on Thursday, while Nissan stock slipped 0.34%.
Japan's Honda posts 5% rise in Q3 profit
Japan's Honda Motor said on Thursday its third-quarter operating profit increased 5% from a year earlier, helped by strong U.S. vehicle sales and a weak yen.
Honda Stock Jumps as Merger With Nissan Reportedly Nears Collapse
Honda Motor's (HMC) U.S.-listed shares are rising about 6% in premarket trading following reports that the Japanese automaker's plans to merge with ailing domestic rival Nissan are in jeopardy.
