Category: Honda
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Nissan looks set to abandon Honda merger as search for EV partner accelerates
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Nissan appears to be ready to withdraw from the talks about the integration of a planned with Honda, at a value of 46 billion pounds, amid increasing tensions and a desire to find a suitable ally to push him to electric cars (EVS). Japanese auto makers announced in December that…
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Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
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Breadcrumb links PMN BMN Business Article writer: Associated Press Mari Yamaguchi and Ellen Kurtenbach Posted on December 23, 2024 • Last updated 11 minutes ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOKYO…
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Honda and Nissan explore merger amid EV market pressures
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Honda and Nissan, two of Japan’s largest automakers, are set to begin discussions about a possible merger amid fierce competition in the rapidly developing field of electric vehicles. Both companies issued near-identical statements confirming that they are exploring ways to deepen collaboration and will update stakeholders in due course. While…
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Honda to end vehicle production at one of its Thai auto plants By Reuters
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TOKYO (Reuters) – Honda The Japanese automaker said Tuesday it will stop vehicle production at its plant in Thailand’s Ayutthaya province by 2025 as it plans to consolidate production at the plant it operates in Prachinburi province. The move highlights the increasingly difficult conditions facing Japan’s second-largest automaker in the…
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Honda sees full-year profit rising 2.8% By Reuters
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TOKYO (Reuters) – Japan Honda Motor Co. (NYSE:) forecast a 2.8% increase in operating profit for this fiscal year, after beating analysts’ estimates in the fourth quarter as strong sales growth in the United States offset a decline in China. Full-year operating profit for Japan’s second-largest automaker by volume is…