Nissan, Honda consider merger to take on world's biggest carmaker Toyota

Quick Summary:

American depositary receipts of Honda and Nissan shares climbed on the report.

The transaction could also be expanded to include Mitsubishi Motors Corp., which already has capital ties with Nissan, the person said.

Nissan has loosened ties with France’s Renault SA and Honda has backed away from General Motors Co.

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Article Details

Category: BusinessFinance

Markets: IndiaFranceJapanSouth Korea

Topics: Nissan car sale Nissan Motor Toyota Mexico October Honda Carmakers Nissan Merger Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 08:03:55 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 893 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24527099

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