The Nikkei newspaper reported that Nissan and Honda are planning negotiations for a merger to enhance their competitiveness in the evolving automotive industry. The companies are considering a holding company structure and anticipate signing a memorandum of understanding soon. The report also suggests a potential future inclusion of Mitsubishi Motors, in which Nissan holds a significant stake, under the holding company.
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported on Tuesday.
U.S.-traded shares of Honda were up roughly 2% during midday trading Tuesday. Over-the-counter shares of Nissan jumped more than 11%.reportedly plan to enter into negotiations for a merger to better compete in the rapidly changing global automotive industry, theHonda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding, according to the report.
Merger Automotive Industry Honda Nissan Holding Company
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Honda and Nissan Reportedly in Merger TalksJapanese automakers Honda and Nissan are exploring the possibility of a merger to strengthen their position in the competitive automotive market.
Read more »
Beatles ’64 Director & Producer Explore How The Beatles Swept America In New Disney+ DocumentaryBeatles ’64 Director & Producer On Showing How The Beatles Swept America
Read more »
Company Secures Option to Explore Jersey Valley Property in Favorable SettingUranerz Exploration and Mining Limited has obtained an option to explore the Jersey Valley Property, a site with promising geological indicators for precious metals. The property, located in a favorable structural and lithostratigraphic setting, includes calcareous siltstones and sandstones of the Havallah Formation. Previous exploration efforts have shown limited work, but recent sampling suggests potential for significant mineralization.
Read more »
White Gold to explore for critical minerals in YukonNo 1 source of global mining news and opinion
Read more »
Report: Falcons could explore trading Kirk Cousins if he struggles in final 6 gamesCould Atlanta decided to deal Cousins after just one season?
Read more »
CubeSat Mission Perseus Aims to Explore Mars' Moon PhobosA CubeSat mission called Perseus, designed to explore Mars' moon Phobos, aims to provide detailed insights into the moon and could serve as a stepping stone for future human missions to Mars.
Read more »