Merger could see the end of the long-standing alliance with Renault, as it would include Mitsubishi in a three-way all Japanese brand partnership.
“We are discussing possibilities for cooperation between Honda and Nissan in the future, in a wide range of fields and in various areas, and those possibilities include the latest reports, but there is nothing decided,” a Honda spokesman told AFP on Wednesday. China overtook Japan as the world’s biggest vehicle exporter in 2023, helped by its dominance in EVs, a sector where Japanese firms have lost ground by focusing on hybrid vehicles.
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Nissan Seeks Investment Amid Troubled Times and Potential Stake SaleNissan is facing significant challenges, aiming to cut global production and workforce, with insiders suggesting severe financial strain. The company may have only 12 to 14 months to survive unless it receives support from key partners like Renault and Japan, while Renault plans to reduce its stake in Nissan. Reports also mention potential interest from Honda in acquiring Renault's Nissan shares.
La source: TheStar_news - 🏆 26. / 59 Lire la suite »
MK Party Member Rejects Claims of Pushing for EFF-MKP MergerDali Mpofu, a member of MK, denied allegations by EFF leader Julius Malema that he suggested the merger of EFF with MK party. Mpofu called these claims a 'lie'.
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EFF Advocate Dali Mpofu Rejects Claims of Proposing Party MergerAdvocate Dali Mpofu denies allegations that he proposed the Economic Freedom Fighters (EFF) should merge with the uMkhonto weSizwe (MK) Party. He clarifies that he only suggested the unification of progressive political parties.
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Big twist in Vodacom, Maziv merger sagaTrade, industry & competition minister Parks Tau will appeal the Competition Tribunal’s decision to prohibit the deal.
La source: TechCentral - 🏆 8. / 71 Lire la suite »
MK Party Rejects Merger Claims, Emphasizes Its Own GrowthJacob Zuma's MK party, which has seen significant growth since its formation, has attracted several high-profile politicians and is preparing to celebrate its first anniversary. The party denies targeting the ANC or EFF for growth and has rejected claims of a proposed merger with the EFF.
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »
MultiChoice to Contest 'Notifiable Merger' Finding in 2013 SABC DealMultiChoice will appear before the Competition Tribunal to contest a finding that a 2013 agreement with SABC constituted a 'notifiable merger', violating the Competition Act. The deal involved the broadcasting rights of SABC's 24-hour news channel and SABC Encore for five years. The applicants in the case are media house Caxton, lobby group SOS Coalition, and the Media Monitoring Project Benefit Trust. The agreement also included the SABC's agreement to MultiChoice's position on digital migration.
La source: TechCentral - 🏆 8. / 71 Lire la suite »