Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share price soared more than 22% in Tokyo after reports citing unnamed sources said it might merge with Honda to form the world’s third-largest automaking group. Honda’s share price fell as much as 3%.
\The two companies announced in August that they planned to share components for electric vehicles like batteries and jointly research software for autonomous driving to adapt better to dramatic changes in the auto industry centered around electrification. A preliminary agreement between Honda, Japan's second-largest automaker, and Nissan, third largest, was announced in March. 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.” A merger could result in a behemoth worth about $55 billion based on the market capitalization of all three automakers. Joining forces would help the two companies gain larger scale to compete with Japan's market leader Toyota Motor Corp. and with Germany’s Volkswagen AG
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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.
แหล่ง: nbcchicago - 🏆 545. / 51 อ่านเพิ่มเติม »
Honda and Nissan to Explore MergerThe Nikkei newspaper reported that Nissan and Honda are planning negotiations for a merger to enhance their competitiveness in the evolving automotive industry. The companies are considering a holding company structure and anticipate signing a memorandum of understanding soon. The report also suggests a potential future inclusion of Mitsubishi Motors, in which Nissan holds a significant stake, under the holding company.
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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.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Honda and Nissan Reportedly to Discuss MergerJapanese automakers Honda and Nissan are considering a merger to better compete in the global automotive industry. The proposed merger would involve the creation of a holding company, with the potential inclusion of Mitsubishi Motors.
แหล่ง: NBCPhiladelphia - 🏆 569. / 51 อ่านเพิ่มเติม »
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.
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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.
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