Honda and Nissan in Discussion to Strengthen Collaboration [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
Last honda motor company, ltd. earnings: 2/7 03:16 am
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Source: Yahoo! Finance
NSANY are considering forming a holding company and are expected to sign a memorandum of understanding soon, per Nikkei. While the automakers confirmed that they are in discussions, they provided no specifics about a potential deal or timeline. The exact structure of the proposed joint venture remains unclear. The two companies are exploring various collaborative opportunities to leverage their respective strengths. They assured stakeholders that any significant updates would be shared at an appropriate time. Per CNN, Mitsubishi is also involved in these preliminary talks, potentially creating a three-way alliance among major Japanese automakers. Mitsubishi, however, declined to comment. Per Nikkei, a combined Honda-Nissan-Mitsubishi group could produce more than eight million vehicles annually. This will position the company as one of the largest global automakers, still behind Toyota (11.2 million in 2023) and Volkswagen (9.2 million in 2023). Earlier this year, Honda and Nissan
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HMC
News
- The Globe's stars and dogs for the week [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- New car sales to rise in December despite high interest rates [USA TODAY]USA TODAY
- Foxconn Interest in Nissan Said on Hold Amid Honda Merger Talks [Yahoo! Finance]Yahoo! Finance
- Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports [Yahoo! Finance]Yahoo! Finance
- J.D. Power-GlobalData Automotive Forecast December 2024 [Yahoo! Finance]Yahoo! Finance
HMC
Analyst Actions
- 12/18/24 - UBS Group AG
HMC
Sec Filings
- 12/18/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- HMC's page on the SEC website