Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint holding company, which would create the world's third-largest automaker. The two companies said in a statement ...

Nissan and Honda, two of Japan's largest car companies, have announced that they're beginning merger talks. The two automakers have agreed to continue discussions on building a "strategic ...

The company's shares closed 12% higher on Tuesday. Besides the merger discussions, Honda said on Monday that it would buy back as much as 1.1 trillion yen, or about $7 billion, worth of its stock ...

They also pointed to the last major merger in the industry: the creation of Stellantis in 2021, to show that such endeavors are challenging to pull off successfully. Stellantis, owner of Jeep ...

The merger of Honda, Japan's second-largest automaker, with Nissan, its No. 3, would be the biggest reshaping in the global auto industry since Fiat Chrysler Automobiles and PSA merged in 2021 to ...

Honda concurrently announced a $7 billion share buyback, signaling confidence in its financial health even as it prepares for the merger. The collaboration is driven by mounting challenges from ...

Fresh from the breakup of the proposed Kroger-Albertsons merger, company executives and union leaders are negotiating new contracts for the supermarket chains’ Colorado employees. The bargaining ...

TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic ...

New York (CNN) — Honda and Nissan have formally agreed to hold talks over the next six months on a possible merger, a deal that would create the world’s third-largest automaker and give them ...

Car manufacturers Nissan and Honda have signed a joint agreement to explore a merger that would make them the third-largest automakers in the industry. The deal is estimated to be worth about $79. ...

Honda CEO Mibe on Monday said some of the company’s shareholders may feel that the deal would represent Honda supporting Nissan, but noted the merger was “based on the assumption that Nissan ...