Japanese automakers Honda Motor Co. and Nissan Motor Co. are exploring the possibility of a merger, according to reports late Tuesday, in a bid to better compete against foreign electric-vehicle makers like Tesla Inc. and China’s BYD.
Honda and Nissan are in talks to consolidate their resources in an effort to compete against Tesla and Chinese electric vehicle makers.
A deal would effectively consolidate the Japanese auto industry into two main camps.
Honda Motor shares fell 2% on Wednesday following a media report that the Japanese automaker is looking to merge with Nissan Motor. Honda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding, ac…
The automakers are reportedly considering a merger to compete against large EV makers.
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Once upon a time, the Nissan Leaf stood alone as the only electric car an environmentally-minded shopper could buy. Now the market is teeming with options and adding new models from a swath of manufacturers every month. As a result, prices are coming down while battery range is going up. Today’s best electric cars can…
The Japanese automaker’s CFO Stephen Ma has been appointed as the chairperson of the management committee for China.
Nearly one in four Nissan vehicles were made in Mexico last month, meaning the firm is extremely exposed to the tariffs proposed by Trump.
The Japanese automaker is adjusting to new realities.
25% tariffs on imports from Canada are set to take effect on Tuesday, particularly impacting the automotive industry, which relies heavily on trade.
I drove a 2024 Nissan Sentra economy sedan and was impressed by its attractive styling, standard safety features, tech content, and affordable price.
Effissimo Capital Management says it has built a stake days after the carmaker unveiled sweeping restructuring and cost-cutting plans.
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