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.
Rumors have it that Japan’s Ministry of Economy, Trade and Industry helped to influence the deal to avoid Foxconn's takeover ...
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 ...
Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position ...
“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 ...
Japan's Honda and Nissan said Monday they had embarked on formal merger talks that would create the third-largest car ...
Honda Motor Co. and Nissan Motor Co. plan to merge under a holding company with the top executives chosen by Honda in a ...
Both companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China ...
Automakers in Japan have lagged behind their big rivals in electric vehicles and are trying to cut costs and make up for lost ...
The impending merger will allow them to standardize vehicles and increase production, The New York Times reported.
Honda and Nissan plan to merge as the two Japanese firms seek to fight back against competition from the Chinese car industry ...