Renault shares gain on Honda-Nissan tie-up talks

Quick Summary:

PARIS : Renault shares surged 6 per cent on Wednesday as analysts highlighted financial and strategic benefits for the automaker from a potential Honda and Nissan merger.

Japan's number two and three carmakers are in talks to deepen ties, including a possible merger, two people said, as they come under growing pressure from Tesla and Chinese rivals.

Renault shares were the second biggest gainer on the pan-European STOXX 600 index on Wednesday after the report.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeFranceJapan

Topics: 2024 Honda Shares Renault Paris Wednesday Nissan Analysts Cent Talks Merger

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 19:55:35 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Channel News Asia

News ID: 24537174

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 54 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions