Nissan and Honda merger could be a move to head off crippling Trump tariffs [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
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Source: Yahoo! Finance
Nissan has three plants in the U.S.; Honda meanwhile has 12 facilities. President-elect Trump is hoping tariffs will force foreign companies to make more of their cars in the U.S.: “I want [foreign] car companies to become American car companies. I want them to build their plants here,” Trump said in September. The Japanese car giants Nissan and Honda are exploring talks to build a closer relationship that could include a merger, according to reports. Combined, Japan's second- and third-largest carmakers would become closer in size to Toyota , which would remain the world's top automaker A potential merger also hints at the changing automotive landscape. Car manufacturers are struggling with the transition to electric vehicles and the possibility that global trade could be upended should President-elect Donald Trump impose the blanket tariffs he campaigned on. For car companies that make products outside the U.S., the possibility of having to pay a duty on imports could exact a
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News
- What Nissan dealers want most from a potential Honda partnership: hybrids [Yahoo! Finance]Yahoo! Finance
- What Nissan dealers want most from a potential Honda partnership: hybrids [Business Insider]Business Insider
- Honda And Nissan Merger Talks: What's At Stake [Barron's]Barrons
- Standard Motor Products Releases 2,367 New Numbers in 2024 [Yahoo! Finance]Yahoo! Finance
- Honda, Nissan hold merger talks as pressure grows from Chinese rivals, Japanese media report [Yahoo! Finance Canada]Yahoo! Finance Canada
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