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
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
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
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
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
The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the … Read more
DETROIT — General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand’s long-standing segment leadership. The Detroit automaker’s Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for more than 45 years, according to GM. But increased competition from automakers such as Ford … Read more
Toyota’s “We Roll Deep Anthem” spot includes fans and NFL stars “setting off on an adrenaline-packed NFL adventure.” Screenshot Automakers are rushing back into advertising during the National Football League season after a slowdown in recent years. Toyota Motor Corporation, Hyundai Motor Company and the Detroit automakers are among those expected to capitalize on the … Read more
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving … Read more
GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them. Courtesy: GM DETROIT — Purchasing a vehicle has never been that easy. But shoppers entering traditional dealer showrooms for the foreseeable future may have a … Read more
