The Japanese automakers were hoping to strengthen their position together to compete with China, Tesla, and Toyota.
From the start, the effort had analysts puzzled as to the advantages to any of the companies, as their model lineups and ...
They will continue partnering on Mitsubishi Motors and in-house development of batteries, autonomous driving and electric vehicle technology.
Japan’s second and third largest automakers Honda and Nissan have formally ended merger talks, which would have made the merged entity the world’s third largest automaker. Honda CEO Toshihiro Mibe ...
TOKYO (AP) — Japanese automaker Honda reported a 7% decline in profit for the nine months that ended in December on Thursday ...
The companies first announced merger talks last December to create the world’s third-largest automaker by vehicle sales.
Merger talks between Honda and Nissan have collapsed after the firms failed to agree on a multi-billion dollar tie-up deal.