Honda, Nissan inks deal to enter age of electric cars
Honda, Nissan inks deal to enter age of electric cars

Honda and Nissan confirmed on Monday that they had inked a memorandum of understanding as the Japanese automakers struggle with competition from rival brands in the electric vehicle (EV) market. The merger would create the third largest car maker by sales, behind Toyota and Volkswagen. Nissan...

Honda and Nissan announce merger talks
Honda and Nissan announce merger talks

Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles. Their collaboration would create the worlds third largest automaker, expanding development of EVs and self-driving tech while coming to...

Honda and Nissan hold merger discussions
Honda and Nissan hold merger discussions

Japanese multinational conglomerate Honda and Nissan are understood to have held exploratory talks about a potential merger to help them compete against electric vehicle (EV) makers, particularly in China. In March, the two Japanese car makers agreed to explore a strategic partnership for EVs,...

Nissan shares plummet after deep cuts announcement
Nissan shares plummet after deep cuts announcement

Nissan Motor shares plummeted as much as 10% in Tokyo trade on Friday, following the automakers announcement of a drastic restructuring plan. The company aims to slash 9,000 jobs and reduce its manufacturing capacity by 20% to combat declining sales in China and the United States, reports Reuters....