Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.
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 ...
Rumors have it that Japan’s Ministry of Economy, Trade and Industry helped to influence the deal to avoid Foxconn's takeover ...
After kicking off discussions on Monday, Honda and Nissan said they plan to provide more details on Mitsubishi’s involvement ...
Currently, Honda is an independent OEM, albeit one with strong links to General Motors. Meanwhile, Nissan currently forms one ...
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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 ...
Honda Motor Co. and Nissan Motor Co. plan to merge under a holding company with the top executives chosen by Honda in a ...
The potential deal would create a $50 billion company that would be the world’s third-largest automaker by sales volume, ...
In a news conference on Monday, Honda CEO Toshihiro Mibe said the companies needed greater scale to compete in the ...
Japanese automakers Honda Motor Co. and Nissan Motor Corp. announced Monday their intention to merge by 2026 and create the ...