BANGKOK (AP) — 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% after reports citing unnamed sources said it might merge with Honda to form the world’s third largest automaking group. Trading in Nissan’s shares was suspended but then resumed after the companies issued a statement that said they were “considering various possibilities for future collaboration, but no decisions have been made.” Honda’s share price sank 2.3%. Nissan has an alliance with Renault SA that is under review.

BING NEWS:
  • Honda and Nissan talk potential merger to compete with Tesla and Chinese EV makers
    Honda and Nissan talk potential merger to compete with Tesla and Chinese EV makers - Japanese carmakers under pressure as automotive industry undergoes rapid electrification ...
    12/17/2024 - 7:09 pm | View Link
  • Nissan, Honda Confirm Talks on Closer Collaboration, Deny Merger Plans
    Nissan and Honda confirmed talks on closer collaboration but denied reports of a merger decision, saying no decisions have been made.
    12/17/2024 - 5:22 pm | View Link
  • Nissan, Honda confirm talks on closer collaboration but say there's been no decision on a merger
    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 ...
    12/17/2024 - 3:50 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News