Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint holding company, which would create the world's third-largest automaker. The two companies said in a statement ...
Nissan and Honda, two of Japan's largest car companies, have announced that they're beginning merger talks. The two automakers have agreed to continue discussions on building a "strategic ...
The company's shares closed 12% higher on Tuesday. Besides the merger discussions, Honda said on Monday that it would buy back as much as 1.1 trillion yen, or about $7 billion, worth of its stock ...
They also pointed to the last major merger in the industry: the creation of Stellantis in 2021, to show that such endeavors are challenging to pull off successfully. Stellantis, owner of Jeep ...
The merger of Honda, Japan's second-largest automaker, with Nissan, its No. 3, would be the biggest reshaping in the global auto industry since Fiat Chrysler Automobiles and PSA merged in 2021 to ...
Fresh from the breakup of the proposed Kroger-Albertsons merger, company executives and union leaders are negotiating new contracts for the supermarket chains’ Colorado employees. The bargaining ...
TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic ...
Japanese automakers Honda and Nissan announced Monday they were exploring a merger that would allow them to better compete amid a changing automotive landscape. The companies plan to spend the ...
New York (CNN) — Honda and Nissan have formally agreed to hold talks over the next six months on a possible merger, a deal that would create the world’s third-largest automaker and give them ...
Honda concurrently announced a $7 billion share buyback, signaling confidence in its financial health even as it prepares for the merger. The collaboration is driven by mounting challenges from ...
It's a Christmas miracle for Nissan, as the struggling automaker looks to get some financial assistance following a newly confirmed merger with Honda. The two Japanese auto giants, along with ...