Nissan & Honda Merger Scrapped: Shareholders Say ‘No’!
According to Reuters, Nissan & Honda called off a $58 Billion merger as the shareholders voted against the motion. The news agency further stated that Honda was planning to acquire Nissan and make it a subsidiary company, which was against the original plan of opening a joint venture. Moreover, reports
Asian Automobile Industry Struggles Under Trump Regime
Shares of Japanese automakers and South Korean battery manufacturers fell on 21-01-2025 following U.S. President Donald Trump’s statement that he could soon impose a 25% tariff on Canada and Mexico, along with his decision to revoke the previous administration’s executive order on electric vehicles. However, Chinese manufacturers saw a different
Honda & Nissan Merged To Build the Future of Automotive?
In the latest turn of events, two of the biggest automakers in the world, Honda and Nissan, joined hands to pose a united front against Toyota and Tesla in the EV segment. According to Niekki Asia, the automakers are in preliminary talks for a possible merger in the coming days.
Sony and Honda’s Bold Step into the EV Market
In the latest development, the giant automaker Honda and Sony have joined hands to capitalise on the shift in consumer demand towards electric vehicles. According to Livemint, Sony will unveil its new prototype Vision-S electric vehicle in January and announced that its new subsidiary will explore growth options in the
Shocking!! Japan’s Honda to Close China Plant
The world’s most famous Japanese automaker, Honda, will close its factory in China, significantly halting vehicle production at other plants. The company revealed that it has started seeking to produce more electric vehicles and get heavy competition from other Chinese brands. In October, Honda plans to close its plant operation
