FILE - Nissan Chief Executive Makoto Uchida, left, and Honda President Toshihiro Mibe attend a joint news conference in Tokyo, Friday, March 15, 2024.
Trading in Nissan's shares was suspended but then resumed after the companies jointly issued a statement saying they were "considering various possibilities for future collaboration, but no decisions have been made."The ascent of Chinese automakers is rattling the industry at a time when manufacturers are struggling to shift from fossil fuel-driven vehicles to electrics. Relatively inexpensive EVs from China's BYD, Great Wall and Nio are eating into the market shares of U.S.
A merger could result in a behemoth worth about $55 billion based on the market capitalization of all three automakers. Fitch Ratings recently downgraded Nissan's credit outlook to "negative," citing worsening profitability, partly due to price cuts in the North American market. But it noted that it has a strong financial structure and solid cash reserves that amounted to 1.44 trillion yen .
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
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.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »
Honda and Nissan in Merger Talks to Boost CompetitionNissan and Honda are reportedly in talks to merge, aiming to strengthen their position in the fiercely competitive automotive industry. The potential merger, which could involve a holding company structure, would be the largest in the industry since Fiat Chrysler and PSA Groupe united.
Fuente: CNBC - 🏆 12. / 72 Leer más »
Nissan and Honda in Merger Talks to Bolster Global Automotive PresenceNissan and Honda are reportedly in discussions for a potential merger, aiming to strengthen their position in the evolving automotive landscape. The Nikkei reports that both companies are exploring a holding company structure and plan to sign a memorandum of understanding soon.
Fuente: NBCLA - 🏆 319. / 59 Leer más »
Japan's Honda and Nissan to reportedly begin merger talksNissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Fuente: nbcsandiego - 🏆 524. / 51 Leer más »
Honda and Nissan in Merger Talks to Combat EV CompetitionFacing pressure from Chinese EV manufacturers, Honda and Nissan are considering a merger to bolster their position in the electric vehicle market. The potential merger would involve creating a new holding company and could also include Mitsubishi.
Fuente: verge - 🏆 94. / 67 Leer más »
Honda and Nissan Deny Merger Talks Amidst EV CompetitionHonda and Nissan have denied reports of merger talks by Nikkei, stating they are exploring various possibilities for future collaboration. The companies aim to leverage their strengths and will inform stakeholders of any updates. This comes amidst increasing competition from Chinese EV makers, pressuring legacy brands to prioritize profitability in their EV ventures.
Fuente: Investingcom - 🏆 450. / 53 Leer más »