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Car Giants Honda and Nissan Delay Merger Update Until Feb.
Honda, Nissan delay reveal of merger plan to mid-February
Honda and Nissan said Friday they will reveal their merger integration outline plan in mid-February. They originally planned to make it public by the end of January.
Honda and Nissan are expected to announce merger plans within a few weeks
Honda Motor Co. (NYSE:HMC) and Nissan Motor Co. (NSNAY) intend to unveil a detailed outline of their business integration plans around mid-February. "The two companies planned to decide on the direction of the management integration by the end of January,
Car Giants Honda and Nissan Delay Merger Update Until February
Japanese car makers Honda (HMC) and Nissan changed course today and will now give up an update on potential merger plans next month.Invest with
Nissan, Honda to Announce Direction of Possible Integration by Mid-Feb, Nissan Says
TOKYO (Reuters) - Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January.
Honda, Nissan’s sales struggles highlight need for merger
Honda and Nissan face declining sales in 2024, highlighting the potential benefits of a strategic merger to compete with global auto giants.
Honda, Nissan delaying merger plan announcement until mid-Feb., Kyodo News says
Honda (HMC) and Nissan (NSANY) will delay the unveiling of their merger plan until mid-February, having originally announced they would do so
Honda, Nissan delay announcement of merger plan details till mid-Feb.
Honda Motor Co. and Nissan Motor Co. said Friday they will unveil the details of their merger plan in mid-February, having originally
Honda and Nissan to unveil integration outline in mid-February
Honda and Nissan will unveil an outline of their business integration around mid-February, informed sources said Friday.
Honda And Nissan Will Reveal Merger Plan In February
Honda and Nissan are expected to unveil the outline of their merger in mid-February.Sources close to the matter told Reuters the announcement was originally expected in late January before being pushed back.
Renault seeking to maximize value of Nissan shares in Honda merger, says source
Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the value of the French automaker's stake in the Japanese firm ahead of its merger with Honda, a source close to the matter told Reuters.
Nissan, Honda to make merger decision mid-Feb
Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesman said on Friday, pushing back the plan from the end of January. The two Japanese automakers have been in talks to explore a merger by 2026,
Nissan says it plans job and production cuts in US
Japanese automaker Nissan says it plans job and production cuts in the U.S.
Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability.
Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.
Nissan Plans Job, Output Cuts at US Vehicle Assembly Plants
Nissan Motor Co. is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor Co.
3d
Why Nissan Is in Trouble, and How Honda Might Fix It
The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the ...
Just Auto
3d
Nissan’s cost-cutting strategy avoids plant closures – report
Nissan is set to overhaul its financial structure through a cost-cutting strategy that avoids the closure of manufacturing ...
6d
Mitsubishi not joining merger could affect speed of Honda-Nissan talks
Mitsubishi is thought to be concerned about its management freedom, as the future of Nissan’s management restructuring is not ...
1d
Honda, Nissan Sales Slid in 2024, Bolstering Case for Tie-Up
Honda Motor Co. and Nissan Motor Co. both saw global vehicle sales stagnate or fall in 2024, underscoring the need for the ...
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