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0 -0.00206680817785725 -0.00189922913640936 -0.00290470338509669 -0.000558596804826245 -0.000111719360965312 0.000615015082113666 -0.00256954530220092
Stock impact report

Japanese auto giants Honda and Nissan eye merger to head off Chinese competition [Yahoo! Finance]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Yahoo! Finance
Discussions were accelerated after Foxconn approached Nissan about acquiring a stake in the company , and Renault SA — which owns 36% of Nissan — will also have a say in any deal, Bloomberg reported. The mammoth agreement — which could also include Mitsubishi Motors , Nikkei reported — would create the world's third-largest auto company, girding the Japanese market against China's fast-growing electric-vehicle manufacturers, which are eating into legacy firms' footprint in Asia and elsewhere. A bar chart showing different automakers' global sales in 2023 SIGNALS Emphasis on drivers' digital experience boosts tech companies Sources: Financial Times, TechRadar Chinese telecoms giant Huawei has invested at least $5.6 billion in research on EVs , the Financial Times noted. The fact that tech firms can so rapidly grow their footprint in the car industry puts the incumbents under “even more pressure,” a China business expert told the outlet. The quality of digital experience , Show less Read more
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