Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.

Toyota owns stakes in Subaru, Mazda, and Suzuki. On December 23, 2024, Nissan and Honda signed a memorandum of understanding (MOU) to explore a potential merger. However, the negotiations didn’t ...

He should know, as Toyota sold 10,821,480 units in 2024, including deliveries from its Lexus, Daihatsu, and Hino subsidiaries. The company remained the undisputed leader despite a 3.7 percent ...

Honda’s merger/rescue of Nissan looks like a disaster in the making. Over the past three decades, Nissan executives have shown themselves to be inept managing their own business and unwilling to ...

Japanese automakers Honda and Nissan have announced plans to work to a merger, ... Even after a merger Toyota, which rolled out 11.5 million vehicles in 2023, ...

Shares in Honda ended the day up 3.8%, Nissan rose 1.6% and Mitsubishi Motors gained 5.3% after news of the merger plan, while the benchmark Nikkei .N225 index closed up 1.2%. This is a developing ...

It's official: Honda and Nissan have signed a memorandum of understanding to attempt a merger between the two automotive icons, as the companies announced in a press conference in Tokyo on ...

Honda, Nissan, and Mitsubishi merger could be bigger news than you think. Honda will lead the way — but what will become of Nissan and Mitsubishi? ... trailing only Toyota and the Volkswagen Group.

The merger, under a joint holding company, would create the third-largest global automaker by volume behind Toyota and Volkswagen. While Honda has not commented on the report, Nissan stated that ...

Not to mention that the Nissan-Honda deal was, on paper at least, a merger. Toyota likely isn’t going to save Nissan by buying a single-digit stake and giving it access to the 4Runner ‘s ...

Toyota made 11.5 million vehicles in 2023, while Honda rolled out 4 million and Nissan produced 3.4 million. Mitsubishi Motors made just over 1 million. Even after a merger Toyota would remain the ...

Nissan also saw a sharp decrease in its operating profit, having dropped from $1.3 billion in the second quarter of fiscal 2023, down to $200 million in 2024’s second quarter.