Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.
“The rise of Chinese automakers and new players has changed the car industry quite a lot,” Honda CEO Toshihiro Mibe said. “We have to build up capabilities to fight with them by ...
Honda Motor CEO Toshihiro Mibe reportedly found it difficult to explain why its merger with Nissan Motor is justified.
TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s ...
If you think the best-selling three-row SUV of 2024 is one of the usual suspects, you might be surprised to see which brand ...
Japan's Honda and Nissan said Monday they had embarked on formal merger talks that would create the third-largest car ...
If the deal goes through, the merged group has the potential to deliver revenue of 30 trillion yen ($191.4 billion) and ...
Honda Motor Co. and Nissan Motor Co. plan to merge under a holding company with the top executives chosen by Honda in a ...
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Automakers in Japan have lagged behind their big rivals in electric vehicles and are trying to cut costs and make up for lost ...
Japanese automakers Honda Motor Co. and Nissan Motor Corp. announced Monday their intention to merge by 2026 and create the ...
The potentially multibillion dollar deal to combat "the rise of Chinese power" was a key driver behind the plan, said Honda's ...