Honda reveals two new ‘0 Series’ EVs to be produced in Ohio

Honda reveals two new ‘0 Series’ EVs to be produced in Ohio

Honda 0 Saloon & Honda 0 SUV prototypes Honda LAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company’s newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio. The vehicles are the Honda 0 Saloon, which is an updated version of a … Read more

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

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.  Kyodo | Via Reuters Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a … Read more

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid … Read more

Holiday-thinned markets cheered by strong Wall Street finish

Holiday-thinned markets cheered by strong Wall Street finish

Traders work on the floor of the New York Stock Exchange on Dec. 9, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Nissan could face cost-cutting ‘carnage’ in Honda merger

Nissan could face cost-cutting ‘carnage’ in Honda merger

Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan … Read more

Japan’s Honda and Nissan to reportedly begin merger talks

Japan’s Honda and Nissan to reportedly begin merger talks

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.  Kyodo | Via Reuters DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly … Read more

Stocks staying alive despite Dow’s 9-day losing streak

Stocks staying alive despite Dow’s 9-day losing streak

Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more

What a potential Nissan-Honda merger could mean for the auto industry

What a potential Nissan-Honda merger could mean for the auto industry

Nissan Motor CEO Makoto Uchida (L) listens to Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan.  Tomohiro Ohsumi | Getty Images News | Getty Images Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, sending shock waves through the global automotive … Read more

Honda Nissan merger talks Nikkei reports

Honda Nissan merger talks Nikkei reports

Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024.  Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that … Read more

Here’s why GM is outperforming its automaker peers on Wall Street

Here’s why GM is outperforming its automaker peers on Wall Street

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall … Read more