Japanese automaker Honda is scaling back its once-ambitious electric vehicle investment and sales targets in light of changing emissions regulations and the unsteady international trade environment ...
The failure of the negotiations is due to the differences between both companies regarding the ownership structure of the hypothetical joint venture. There will be no Japanese motor supergiant. The ...
Honda Motor Co. Ltd. HMC CEO Toshihiro Mibe reportedly found it difficult to explain why its merger with Nissan Motor Co. Ltd. NSANY is justified. What Happened: Mibe encountered a challenging moment ...
Based on the nostalgic road Honda/Acura seemed to have started down with finally bringing the Civic Type R to U.S. shores, ...
TOKYO — Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030. Instead ...
Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift. The abandoned merger with Nissan adds pressure on Honda to safeguard its future. Honda is dialing back its ...
Japanese automaker Honda is warning that U.S. auto tariffs are expected to carve a "huge" hole in its operating profit within its current fiscal year, as it manages uncertainty stemming from the trade ...
Honda Motor Co. and Nissan Motor Co. plan to merge under a holding company with the top executives chosen by Honda in a historical reshuffling of Japan’s auto industry meant to keep the country’s ...
TOKYO — Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting ...
TOKYO -- 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 changes in ...
A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was ...
Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference on Monday, Honda ...