honda nissan merger

For Honda, a Nissan rescue comes with only a thin silver lining

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For Honda, a Nissan rescue comes with only a thin silver lining

Asked what makes Nissan Motor Co. a strong business partner, Honda Motor Co. Chief Executive Officer Toshihiro Mibe struggled to find the right words.“That’s a difficult one,” Mibe, having just announced plans to bring the two firms together under a single holding company, mused earlier this week before a packed room of journalists. His remark … Read more

Honda, Nissan deal may be key in fight against China’s BYD

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Honda, Nissan deal may be key in fight against China’s BYD

Honda Motor Co. absorbing Nissan Motor Co. could give the two struggling Japanese brands the scale they need to take on China’s BYD Co., sales figures released Wednesday show.Honda, which earlier this week sketched out plans for a deal that amounts to an acquisition of Nissan, sold 3.43 million cars globally in the first 11 … Read more