Tag - nissan

 
 

NISSAN

Following weeks of talks after Nissan Motor President Makoto Uchida and Honda President and CEO Toshihiro Mibe's December announcement of a possible merger, the two automakers confirmed on Thursday that the deal is officially off.
BUSINESS / Companies
Feb 13, 2025
Honda and Nissan cancel megamerger after weeks of negotiations
The automakers failed to find the common ground needed to reach an agreement, though they still intend to work together in other areas.
A Nissan Motor X-Trail vehicle at the company's showroom in Tokyo's Ginza district
BUSINESS / Companies
Feb 12, 2025
Foxconn signals interest in buying Renault's stake in Nissan
The company has approached both Renault and Nissan about potential cooperation.
Labor unions at major Japanese automakers submitted their wage hike requests on Wednesday, but it is uncertain whether the strong pay hike momentum seen in last year's labor-management talks can be maintained.
BUSINESS
Feb 12, 2025
Japanese auto unions submit wage hike demands
Negotiations are expected to intensify toward March 12, when many major companies will give their answers to their labor unions.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe during a news conference in December
BUSINESS / Companies
Feb 10, 2025
Honda and Nissan results will highlight flaws as deal set to fail
The likely fallout of Honda’s short-lived alliance with Nissan spells trouble for both companies, but probably one more than the other.
Talks between Nissan and Honda have been complicated by growing differences, sources have said.
BUSINESS / Companies
Feb 6, 2025
Nissan looking for new partner as Honda deal looks set to collapse
The two carmakers plan to issue a formal announcement on the fate of their business integration talks in mid-February.
Nissan needed this deal a lot more than Honda as billions of dollars of debt due in the next year closes in.
COMMENTARY
Feb 6, 2025
Scrapping Honda deal would leave Nissan stranded
Nissan needed this deal a lot more than Honda. As billions of dollars of debt due in the next year close in, the former may get pushed into an even less favorable deal.
Talks by Honda and Nissan to create the world’s third-largest carmaker have gone haltingly since the plans were first announced in December.
BUSINESS / Companies
Feb 5, 2025
Nissan shares plunge, Honda's rise as end to merger talks reported
Shares in Nissan slid more than 4% before trade was suspended by the Tokyo Stock Exchange following the Nikkei report.
While it's unclear whether U.S. President Donald Trump will follow through with his promised 25% levies on Mexico and Canada after agreeing to a 30-day pause on Monday, the blowback would be profound for Nissan.
BUSINESS / Companies / ANALYSIS
Feb 4, 2025
Trump tariffs will only add to the pain for hard-hit Nissan
The blowback from potential tariffs on Mexico and Canada would be profound for Japan's No.3 carmaker, which is struggling to turn itself around.
Former Nissan executive Greg Kelly in his Tokyo apartment in February 2020. He returned to the United States after the first verdict nearly three years ago in which he was given a suspended prison sentence.
JAPAN / Crime & Legal
Feb 4, 2025
Tokyo court upholds suspended jail term for former Nissan exec
Greg Kelly was found guilty in 2022 of helping the automaker's fugitive ex-CEO, Carlos Ghosn, underreport his income.
Motorcycles on display at the Honda pavilion at the Bangkok International Motor Show in Bangkok in March 2024
BUSINESS / Companies
Feb 3, 2025
Honda’s motorcycle business is the gem in a messy Nissan union
Two-wheelers accounted for about 16% of Honda’s sales last fiscal year but an outsized 40% of its operating profit.
Nissan President Makoto Uchida (left), Honda President Toshihiro Mibe and Mitsubishi Motors President Takao Kato at a news conference in Tokyo on Dec. 23.
BUSINESS / Companies
Jan 31, 2025
Honda and Nissan to unveil integration outline in mid-February
Mitsubishi Motors will postpone making a final decision on whether to join the integration.
Honda and Nissan announced in December that they plan to unite both brands under a single holding company.
BUSINESS / Companies
Jan 30, 2025
Case for Honda-Nissan tie-up strengthened as sales fall at both automakers
In the competitive China market, Nissan’s sales fell 12% last year while Honda saw a 30% decline.
"As main shareholder of Nissan, Renault will consider all options based on the best interest of the group and its shareholders,” said a spokesperson for Renault, regarding a merger of Nissan and Honda.
BUSINESS / Companies
Jan 30, 2025
Renault seeks takeover premium from Honda for Nissan stake
Representatives for Renault flew to Japan earlier this week to voice concerns over how a tie-up may be structured, sources said.
Nissan said Wednesday that it will move to a single shift from mid-April at one production line in each of two U.S. factories, and seek an unspecified number of voluntary buyouts or early retirements.
BUSINESS / Companies
Jan 30, 2025
Nissan plans job and output cuts at U.S. vehicle assembly plants
Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20%.
Nissan’s latest crisis surfaced in November when it reported a 94% drop in first-half net income.
BUSINESS / Companies
Jan 27, 2025
Nissan eyes cuts without resorting to plant closures, sources say
The carmaker will focus on reducing and consolidating existing production lines both in Japan and overseas to cut costs.
The start date and production levels for battery-powered Nissan cars to be manufactured at a plant in Canton, Mississippi, will depend in large part on whether U.S. President Donald Trump and the Republican Congress follow through on vows to scrap a $7,500 tax credit and other incentives for buyers and makers of EVs.
BUSINESS / Companies
Jan 25, 2025
Nissan looks to Trump-proof North American production plans
Nissan may slow a planned ramp-up of electric vehicles made in the U.S. after halting output at a joint venture in Mexico.
Mitsubishi Motors is unlikely to join Honda and Nissan's deal to create a holding company together, it was reported Friday.
BUSINESS / Companies
Jan 24, 2025
Mitsubishi Motors won’t join Honda and Nissan tie-up, Yomiuri says
Mitsubishi Motors hasn’t made any announcements and is considering all options, a spokesperson for the company said.
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
BUSINESS / Companies
Jan 21, 2025
Nissan to end production of compact van as Honda rescue looms
Manufacturing unit Nissan Shatai hasn’t made any decisions on job cuts, a Nissan spokesperson said.
Nissan's Oliver Rowland competes at the Portland E-Prix in June 2024.
MORE SPORTS / Auto Racing
Jan 12, 2025
Oliver Rowland earns Formula E triumph for Nissan in Mexico City
Starting from fourth, Rowland put in an outstanding performance to secure the Japanese manufacturer's 20th win.
Firms in Japan are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
BUSINESS / Companies
Jan 9, 2025
Japan’s ¥36.4 trillion M&A boom expected to grow as activist investors circle
Firms are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.

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