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Honda CEO Struggles To Justify Potential Nissan Merger: 'That's A Difficult One'
Friday, December 27, 2024 - 11:59pm | 586Honda Motor Co. Ltd. (NYSE:HMC) CEO Toshihiro Mibe reportedly found it difficult to explain why its merger with Nissan Motor Co. Ltd. (OTC:NSANY) is justified. What Happened: Mibe encountered a challenging moment when asked to explain the reasoning behind a possible merger...
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Japanese Automakers Honda, Nissan Start Merger Talks: Mitsubishi Motors Considers Joining
Monday, December 23, 2024 - 6:54am | 435Japanese automakers Honda Motor Co. Ltd. (NYSE:HMC) and Nissan Motor Co. Ltd. (OTC:NSANY) have started talks for a potential merger, the two companies said on Monday. What Happened: Nissan and Honda are planning to establish a joint holding company that will serve as the parent company for both...
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GM's Plan To Make Sub-$30K EVs With Honda Is Not Happening Anymore
Wednesday, October 25, 2023 - 6:46am | 627Japanese automaker Honda Motor Co (NYSE:HMC) is reportedly scrapping its plans to develop affordable electric vehicles with Detroit-based General Motors Co (NYSE:GM). What Happened: Honda is not moving forward with its plans to produce budget-friendly EVs in conjunction with General Motors,...