Tag - honda

 
 

HONDA

Nissan in recent weeks has been searching for a strategic partner in the tech industry, with some board members suggesting Tesla and Apple as ideal targets, the Financial Times reported.
BUSINESS / Companies
Feb 21, 2025
Japan seeks Tesla investment in Nissan as Foxconn approaches Honda
Taiwan's Foxconn has reportedly proposed forming a partnership with Honda, aiming for a framework that would also include Nissan and Mitsubishi Motors.
Nissan CEO Makoto Uchida holds a news conference last week, rejecting Honda's proposal to make the company a subsidiary.
BUSINESS / Companies
Feb 18, 2025
Nissan shares rally on report talks with Honda could be reopened
The Japanese auto giants said last week they had scrapped plans to join forces.
Nissan Chief Executive Officer Makoto Uchida during a news conference at the company’s global headquarters in Yokohama on Thursday
BUSINESS / Companies
Feb 14, 2025
Honda and Nissan parting leaves both with unresolved problems
One needs scale to compete on the global stage, the other a lifeline to stay afloat.
Following weeks of talks after Nissan Motor President Makoto Uchida and Honda President and CEO Toshihiro Mibe's December announcement of a possible merger, the two automakers confirmed on Thursday that the deal is officially off.
BUSINESS / Companies
Feb 13, 2025
Honda and Nissan cancel megamerger after weeks of negotiations
The automakers failed to find the common ground needed to reach an agreement, though they still intend to work together in other areas.
Labor unions at major Japanese automakers submitted their wage hike requests on Wednesday, but it is uncertain whether the strong pay hike momentum seen in last year's labor-management talks can be maintained.
BUSINESS
Feb 12, 2025
Japanese auto unions submit wage hike demands
Negotiations are expected to intensify toward March 12, when many major companies will give their answers to their labor unions.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe during a news conference in December
BUSINESS / Companies
Feb 10, 2025
Honda and Nissan results will highlight flaws as deal set to fail
The likely fallout of Honda’s short-lived alliance with Nissan spells trouble for both companies, but probably one more than the other.
Talks between Nissan and Honda have been complicated by growing differences, sources have said.
BUSINESS / Companies
Feb 6, 2025
Nissan looking for new partner as Honda deal looks set to collapse
The two carmakers plan to issue a formal announcement on the fate of their business integration talks in mid-February.
Nissan needed this deal a lot more than Honda as billions of dollars of debt due in the next year closes in.
COMMENTARY
Feb 6, 2025
Scrapping Honda deal would leave Nissan stranded
Nissan needed this deal a lot more than Honda. As billions of dollars of debt due in the next year close in, the former may get pushed into an even less favorable deal.
Talks by Honda and Nissan to create the world’s third-largest carmaker have gone haltingly since the plans were first announced in December.
BUSINESS / Companies
Feb 5, 2025
Nissan shares plunge, Honda's rise as end to merger talks reported
Shares in Nissan slid more than 4% before trade was suspended by the Tokyo Stock Exchange following the Nikkei report.
Motorcycles on display at the Honda pavilion at the Bangkok International Motor Show in Bangkok in March 2024
BUSINESS / Companies
Feb 3, 2025
Honda’s motorcycle business is the gem in a messy Nissan union
Two-wheelers accounted for about 16% of Honda’s sales last fiscal year but an outsized 40% of its operating profit.
Nissan President Makoto Uchida (left), Honda President Toshihiro Mibe and Mitsubishi Motors President Takao Kato at a news conference in Tokyo on Dec. 23.
BUSINESS / Companies
Jan 31, 2025
Honda and Nissan to unveil integration outline in mid-February
Mitsubishi Motors will postpone making a final decision on whether to join the integration.
Honda and Nissan announced in December that they plan to unite both brands under a single holding company.
BUSINESS / Companies
Jan 30, 2025
Case for Honda-Nissan tie-up strengthened as sales fall at both automakers
In the competitive China market, Nissan’s sales fell 12% last year while Honda saw a 30% decline.
"As main shareholder of Nissan, Renault will consider all options based on the best interest of the group and its shareholders,” said a spokesperson for Renault, regarding a merger of Nissan and Honda.
BUSINESS / Companies
Jan 30, 2025
Renault seeks takeover premium from Honda for Nissan stake
Representatives for Renault flew to Japan earlier this week to voice concerns over how a tie-up may be structured, sources said.
Nissan said Wednesday that it will move to a single shift from mid-April at one production line in each of two U.S. factories, and seek an unspecified number of voluntary buyouts or early retirements.
BUSINESS / Companies
Jan 30, 2025
Nissan plans job and output cuts at U.S. vehicle assembly plants
Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20%.
Honda's electric two-wheeler concept models are on display at it's headquarters in Tokyo. Honda aims to capture half of the world’s motorbike market.
BUSINESS / Companies
Jan 28, 2025
Honda sets its sights on 50% share of world’s motorcycle market
The company's global motorcycle sales are forecast to reach 20.2 million for the fiscal year ending this March, which would give it a share of about 40%.
Nissan’s latest crisis surfaced in November when it reported a 94% drop in first-half net income.
BUSINESS / Companies
Jan 27, 2025
Nissan eyes cuts without resorting to plant closures, sources say
The carmaker will focus on reducing and consolidating existing production lines both in Japan and overseas to cut costs.
Mitsubishi Motors is unlikely to join Honda and Nissan's deal to create a holding company together, it was reported Friday.
BUSINESS / Companies
Jan 24, 2025
Mitsubishi Motors won’t join Honda and Nissan tie-up, Yomiuri says
Mitsubishi Motors hasn’t made any announcements and is considering all options, a spokesperson for the company said.
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
BUSINESS / Companies
Jan 21, 2025
Nissan to end production of compact van as Honda rescue looms
Manufacturing unit Nissan Shatai hasn’t made any decisions on job cuts, a Nissan spokesperson said.
Firms in Japan are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
BUSINESS / Companies
Jan 9, 2025
Japan’s ¥36.4 trillion M&A boom expected to grow as activist investors circle
Firms are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
Prototypes for Honda 0 Series EVs, set to launch in 2026, were revealed on Tuesday in Las Vegas.
BUSINESS / Companies
Jan 8, 2025
Honda showcases U.S.-made EVs as it considers slowing investments
The firm plans to introduce 30 new electric vehicles globally by 2030.

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