Japanese automakers Nissan Motor Co Ltd NSANY and Honda Motor Co Ltd HMC are reportedly negotiating a merger, first revealed by the Nikkei newspaper Tuesday, aiming to consolidate under a holding company and include Mitsubishi Motors.What To Know: Per Nikkei, the combined Nissan-Honda-Mitsubishi group could account for over eight million annual vehicle sales, positioning it among the largest automakers but trailing Toyota Motor's 11.2 million and Volkswagen's 9.2 million.Per a report by CNBC, Nissan and Hon ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024.DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly changing global automotive industry, the Nikkei newspaper reported on Tuesday.Honda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding, ...

In Brief Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei.GM said Tuesday it would cease funding Cruise and instead absorb the company and combine it with its own efforts to develop personal autonomous vehicles.  While GM owns 90% of Cruise, Honda holds a small minority stake alongside other investors like T. Rowe Price and Microsoft. GM ...

Honda is recalling nearly 206,000 Passport and Pilot vehicles that could potentially experience a fuel leak. The automaker announced the move on Thursday, saying the affected 2023-2024 Passport and 2023-2025 Pilot sport utility vehicles “may have an incomplete connection between the fuel filler neck tube and fuel filler pipe that could cause the two components to separate in a crash, allowing fuel to leak and increasing the risk of fire or injury.”Per a National Highway Traffic Safety Administration recall ...

As Japan’s auto industry recovers modestly, the focus is on its two largest players, Toyota (TM) and Honda (HMC) . While Toyota's stock is down 4% and Honda has lost 16% year to date, both have outperformed the industry’s 19% decline.As the industry undergoes a transformation toward electrification and sustainability, both companies are adjusting their strategies to maintain a competitive edge. With Japan’s GDP rebounding and vehicle demand recovering globally, Toyota and Honda stand poised to capitalize on ...

Honda Motor Co., Ltd. (HMC) has established a demonstration facility in Sakura City, Japan, to advance its efforts in mass-producing solid-state batteries. These batteries are expected to offer longer range and greater durability EVs at reduced costs. Unlike conventional lithium-ion batteries, solid-state batteries replace liquid electrolytes with dry conductive materials. This change promises increased energy density and extended battery life but also requires an entirely new production process.Numerous co ...

Honda is the world's largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. The vast majority of those are powered by internal combustion engines.The company is a supplier of engines to successful Formula 1 teams, maker of some of the most popular cars in the U.S. and around the world, and creator of legendary sports cars: the Type R range of high performance Acura and Honda cars, and models such as the S2000 roadster and NSX supercar.Bu ...

Honda (HMC) reported earnings of 43 cents per share for second-quarter fiscal 2025, missing the Zacks Consensus Estimate of 86 cents. The bottom line also declined from the year-ago profit of $1.07 per share. Quarterly revenues totaled $36.24 billion, surpassing the Zacks Consensus Estimate of $35.6 billion as well as the year-ago period figure of $34.5 billion.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segmental Highlights For the three-month period, which ended on Sept. 30, 2 ...

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