What a Honda-Nissan merger could mean for the auto industry and consumers [Yahoo! Finance]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance
speculation about what the potential move could mean – but experts say the rumors of a partnership are not a surprise. News of the merger talks, which was first reported by the Nikkei newspaper on Tuesday, comes as both Japanese auto giants struggle to compete with the largest global electric vehicle (EV) makers, including Tesla and Chinese automaker BYD. Nissan and Honda are reportedly in discussions for a potential merger. While neither Honda nor Nissan has confirmed the merger discussions, Brian Moody, the executive editor at Autotrader and Kelley Blue Book, predicted roughly a year ago that there would be more of these types of partnerships, because companies can pool resources and defray costs. Moody told FOX Business in an interview that if a small brand says it is going to go all-electric that is one thing, but for a large company to do so is a huge undertaking that takes vast amounts of research and development. Honda Recalls Nearly 206K Vehicles For Possible Fuel Le
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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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