News Formal

Nissan Shares Soar as Honda Merger Rumors Spark Market Buzz

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Business Nieuws

Automotive Industry,Merger,Nissan

Nissan shares surged by 22% while Honda Motor stock dipped following reports that the two Japanese automakers are exploring a potential merger. The Nikkei newspaper reported that Honda and Nissan are considering operating under a holding company and plan to sign a memorandum of understanding soon. The report also suggests the eventual inclusion of Mitsubishi Motors, in which Nissan holds a significant stake, under the holding company. While Nissan has confirmed discussions regarding future collaborations, it denied any concrete decisions regarding a merger. A combined entity would boast over 8 million vehicle sales annually, solidifying its position as a global automotive powerhouse.

Nissan shares surged 22% while Honda Motor stock slipped following media reports that the two Japanese automakers were potentially considering a merger.

Makoto Uchida , president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe , director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024.Honda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding, according to a report in the.

The combined Nissan-Honda-Mitsubishi enterprise would equate to more than 8 million vehicle sales annually, according to Nikkei. That would place the company among the world's largest automakers, but still below fellow Japanese automaker

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Nissan shares surge 22% after media reports on potential merger with HondaNissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda.
Bron: nbcchicago - 🏆 545. / 51 Lees verder »

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.
Bron: nbcsandiego - 🏆 524. / 51 Lees verder »

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.
Bron: CNBC - 🏆 12. / 72 Lees verder »

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.
Bron: NBCLA - 🏆 319. / 59 Lees verder »