AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • WRC
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • WRC
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

“Honda and Nissan confirm that they are exploring new ways of collaboration.”

Virgilio Machado by Virgilio Machado
December 18, 2024
in Latest News
Reading Time: 2 mins read
0
Nissan e Honda assinam parceria para desenvolver veículos elétricos

Honda and Nissan confirmed this Wednesday that they are discussing a closer collaboration, but did not confirm the reports of a possible merger.

The two companies had already established a strategic partnership in March to cooperate on the development of electric vehicles, but Nissan’s increasing financial and strategic problems in recent months have heightened the urgency for closer cooperation with Honda, Japan’s second-largest automaker.

Nissan announced a cost-cutting plan of around €2.6 billion last month, which includes cutting 9,000 jobs and 20% of its global production capacity, as declining sales in China and the U.S. led to an 85% drop in second-quarter profits.

The negotiations between Honda and Nissan, revealed by the Japanese newspaper “Nikkei,” would allow the companies to cooperate more on technology and help create a rival to domestic giant Toyota.

The news of a possible merger between Honda and Nissan caused Nissan’s stock prices, the third-largest automaker in Japan, to surge nearly 24% on the Tokyo Stock Exchange. On the other hand, Honda’s stock prices fell by about 3%.

The possibility that the merger could also involve Mitsubishi, of which Nissan is the main shareholder with a 24% stake, caused Mitsubishi’s shares to rise nearly 20%, the largest increase since 2013.

It is worth noting that Honda and Nissan are facing increasing competition from major electric vehicle manufacturers, such as the American Tesla and the Chinese BYD, which has heightened the pressure on the two Japanese brands as they strive to achieve sufficient profits to develop their electrification strategy.

Tags: ColaboraçãoFusãoHondaNikkeiNissan
Share217Tweet136Send

Related Posts

Xpeng e Huawei vão desenvolver head-up display de realidade aumentada panorâmico
Latest News

Xpeng and Huawei will develop a panoramic augmented reality head-up display.

Xpeng and Huawei have announced the development of a new augmented reality head-up display system, called "Chasing Light Panorama," designed...

by Virgilio Machado
June 5, 2025
Volvo concluiu fase inicial da nova fábrica na Eslováquia
Latest News

Volvo introduces the first multi-adaptive seatbelt.

After inventing the three-point seatbelt in 1959 and opening the patent to all brands in the industry, Volvo has now...

by Virgilio Machado
June 5, 2025
Navio com cerca de três mil automóveis a bordo em chamas ao largo do Alasca
Latest News

“Ship with about three thousand cars on board on fire off the coast of Alaska.”

A cargo ship carrying more than three thousand cars, including 800 electric and hybrid models, was on fire in the...

by Virgilio Machado
June 5, 2025
Latest News

The end of Selenia’s connection to Stellantis puts more than 500 jobs at risk in Italy.

The change in the oil supplier for Stellantis could push more than 500 workers into unemployment in Italy.According to the...

by Virgilio Machado
June 5, 2025

Recent News

Charles Leclerc Seizes Ferrari Crown as Lewis Hamilton Falters: Johnny Herbert’s Bold Revelation

Charles Leclerc Seizes Ferrari Crown as Lewis Hamilton Falters: Johnny Herbert’s Bold Revelation

June 5, 2025
Valtteri Bottas Urges Red Bull to Consider His Experienced Racing Prowess

Valtteri Bottas Urges Red Bull to Consider His Experienced Racing Prowess

June 5, 2025
Valtteri Bottas: F1’s Turbulent Quest for Redemption in 2026

Valtteri Bottas: F1’s Turbulent Quest for Redemption in 2026

June 5, 2025
Max Verstappen’s F1 Future Hangs on Knife’s Edge, Marko’s Bold Assurance

Max Verstappen’s F1 Future Hangs on Knife’s Edge, Marko’s Bold Assurance

June 5, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • WRC
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks