Honda and Nissan announced Thursday they were terminating negotiations for a mega-merger that would have created the world's ...
The companies first announced merger talks last December to create the world's third-largest automaker by vehicle sales.
Nissan's future reportedly became the sticking point in negotiations, with Honda pushing to make its smaller competitor a direct subsidiary.
U.S, stock futures are little changed as investors watch for more inflation data, which is expected to show that prices at ...
Japanese automaker Nissan (NSANY) finds itself at a crossroads. Nissan was poised to participate in a megamerger with rival Honda (HMC ... The company also cut its revenue projection for the ...
Japanese carmaker expected to cut about 1,000 jobs in Thailand this year as plant in Samut Prakan earmarked for closure ...
Meanwhile, Honda has reportedly concluded that a merger would ... On Nov 7, Nissan Motor announced that for the six-months ended Sept 30, 2024, its consolidated net revenue decreased by 79.1 ...
Senate lawmakers have introduced two new bills that would not only effectively kill the $7,500 EV tax credit, but also ...
Now that that's out of the way, here's what we know. Reports are coming out of Asia this morning that at Nissan's behest, interestingly enough, merger talks with Honda will be suspended. The two ...
For Nissan, the merger with Honda could provide much-needed relief after paltry sales in the United States and China triggered a massive drop in revenue, forcing the battered carmaker to cut jobs ...