By River Akira Davis Reporting from Bangkok Nissan Motor and Honda Motor have hit a standstill negotiating the terms of a merger, announced less than two months ago, that would have created one of ...
TOKYO — Nissan is set to call off merger talks with rival Honda, a source said Wednesday, abandoning a $60 billion-plus tie-up that would have created the world's No. 3 automaker and raising ...
Negotiations between Nissan and Honda are reportedly shaky after the two Japanese automakers previously announced they would merge by 2026. Nissan's board has decided that Honda’s terms for a ...
A proposed $58 billion merger to create the world’s fourth-largest carmaker appears on the verge of collapse after Honda made an unexpected proposal to turn Nissan into a fully owned subsidiary ...
Honda is recalling about 295,000 vehicles in the United States due to a software issue that may cause engines to stall or lose power, increasing the risk of a crash, federal regulators said. The ...
TOKYO, Feb 5 (Reuters) - Nissan looks set to step back from merger talks with rival Honda, two sources said on Wednesday, calling into question a $60 billion tie-up to create the world's no.3 ...
Even worse, its net income for the first half of fiscal year 2024 nosedived 93.5%, from 296.2 billion yen ($2.02 billion) to a mere 19.2 billion yen (~$131 million). Honda president and CEO ...
Nissan Motor Co. decided to call off merger talks with Honda Motor Co. at a board of directors meeting Wednesday, judging it impossible to reach an agreement with Honda due to strong opposition to ...
Several automakers, including Honda, Hyundai, Ford, and Kia, reported higher EV sales in the US in January. Here’s a look at some of the top-selling EV models (outside of Tesla) last month.
Nissan Said Likely to Reject Honda Offer in Blow to Tie-Up Automakers at odds over proposal to make Nissan a subsidiary Slow progress in discussions to become world’s No. 3 carmaker ...
Japanese carmaker Nissan is backing out of merger talks with rival Honda. The merger was estimated to be worth more than $50 billion. In a sharp turn from a previous plan to integrate the ...
According to a report from Japanese business journal Nikkei, unnamed sources say the Nissan/Honda merger is off. The sources, who wished to remain anonymous, say Nissan will withdraw from its ...