Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.

Toyota owns stakes in Subaru, Mazda, and Suzuki. On December 23, 2024, Nissan and Honda signed a memorandum of understanding (MOU) to explore a potential merger. However, the negotiations didn’t ...

Japanese automakers Honda and Nissan have announced plans to work to a merger, ... Even after a merger Toyota, which rolled out 11.5 million vehicles in 2023, ...

Honda’s merger/rescue of Nissan looks like a disaster in the making. Over the past three decades, Nissan executives have shown themselves to be inept managing their own business and unwilling to ...

Shares in Honda ended the day up 3.8%, Nissan rose 1.6% and Mitsubishi Motors gained 5.3% after news of the merger plan, while the benchmark Nikkei .N225 index closed up 1.2%. This is a developing ...

It's official: Honda and Nissan have signed a memorandum of understanding to attempt a merger between the two automotive icons, as the companies announced in a press conference in Tokyo on ...

Nissan also saw a sharp decrease in its operating profit, having dropped from $1.3 billion in the second quarter of fiscal 2023, down to $200 million in 2024’s second quarter.

Even after a merger Toyota, which rolled out 11.5 million vehicles in 2023, would remain the leading Japanese automaker. If Nissan, Honda and Mitsubishi join, they would make about 8 million vehicles.

Toyota made 11.5 million vehicles in 2023, while Honda rolled out 4 million and Nissan produced 3.4 million. Mitsubishi Motors made just over 1 million. Even after a merger Toyota would remain the ...

Honda, Nissan and Mitsubishi combined sold about 4 million vehicles worldwide in the first six months of 2024, behind the global leader, Toyota, which sold 5.2 million, Bloomberg said.

The merger, under a joint holding company, would create the third-largest global automaker by volume behind Toyota and Volkswagen. While Honda has not commented on the report, Nissan stated that ...

We started hearing that Foxconn and other companies had expressed interest in joining the deal after the Honda-Nissan merger talks collapsed, but one of the world’s largest automakers apparently ...