Japan's Nissan Motor Co. and Honda Motor Co. have begun discussions about a potential merger, Japanese news wire Nikkei reported. If the talks materialize, the merger could benefit significantly their India operations, providing much-needed investment and product portfolio enhancements to strengthen their presence in one of the world's most competitive automotive markets.
A person aware of the matter said partnership talks leading to a merger have been under way for over a year and a half. "They have synergies, and there will be a lot of exchange of technology. Nissan has small cars, Honda has bigger cars. Nissan has EVs and hybrids, while Honda is strong in strong hybrids," the person said on the condition of anonymity.
While both Honda and Nissan have issued statements denying any formal decision, the possibility of a merger aligns with their ongoing exploration of collaborating in electrification and software development. In August, Nissan, Honda, and Mitsubishi Motors Corp. signed a memorandum of understanding (MoU) to discuss frameworks for advancing vehicle intelligence and electrification, signaling a strategic alignment of goals.
Denne historien er fra December 19, 2024-utgaven av Mint Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 19, 2024-utgaven av Mint Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Fitch Cuts Adani Energy's Outlook
Fitch Ratings cut the outlook on Adani Energy Solutions Ltd to negative on concerns that US investigations could reveal that the group's corporate governance practices are weaker than its expectation.
Spotify's Challenge: Turning a Profit
The Swedish music streaming firm has built an army of subscribers in India. Now it needs to make them count
CleanMax, Osaka Gas Announce JV
Brookfield-backed firm CleanMax on Monday announced a joint venture partnership with Osaka Gas Group to develop a 300 megawatts (MW) renewable energy portfolio entailing an investment of ₹1,500 crore.
Spam Call Rules on Hold as CCPA Sees Progress
The CCPA's move comes a year after a stakeholders' meeting was held in March 2024, where punitive action was proposed against firms for violating privacy and breaching consumer rights.
Market Indices Flashing Red Shouldn't Stop IPOs
India's stock market correction has slowed share issuance down. Risk-off investor behaviour; however, does not mean value offers will be overlooked. Confident issuers should go ahead
Retail inflation likely eased to 3.9% in Feb
India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists.
For smooth menopause, regular exercise is key
From improving bone density to regulating oestrogen levels, being physically active is good for menopausal women
Govt seeks House nod for ₹51,400 cr extra spending
The amount will mainly be used for fertilizer, food and cooking gas subsidy, defence pension
Game of fortunes: Chasing sporting glory
Breaking the bank to break records is the harsh reality for Indian athletes and their families to fund a professional sports career with little state support
Godrej Mulls More Price Hikes for Soaps
Godrej Consumer Products will keep raising prices of its soaps gradually to protect margins amid rising palm oil prices, the consumer goods maker's top boss said on Monday.
