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This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’ South Korea’s LG Energy Solution (LGES) said on Wednesday (Dec 24) that its unit is selling…
HONDA Motor will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip shortage. The Japanese carmaker will suspend output in…
It cut its operating profit forecast for the year through March 2026 to 550 billion yen (S$4.67 billion) from 700 billion yen Honda Motor slashed its full-year profit forecast by 21 per…
The ban could result in production interruptions and the risk of bankruptcy for companies in the supply chain [HANOI/TOKYO] The Japanese government and some of the nation’s top…
The plan to divest the business highlights how cut-throat the Chinese market has become in its fast-paced shift to electric vehicles State-owned Chinese automaker Dongfeng Motor…
The automaker says full-year operating profit took a smaller hit from tariffs than initially projected in May Honda Motor reported a 50 per cent drop in first-quarter operating…
As the US-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top Japanese car parts supplier Daido Steel. The supplier…
The company says it expects to sell 2.2 million to 2.3 million hybrid vehicles by 2030 Honda Motor said on Tuesday (May 20) that it was scaling back its investment in electric…
The automaker plans to increase US vehicle production by as much as 30% over two to three years Honda is considering switching some car production from Mexico and Canada to the…
NISSAN Motor is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor, according to sources…
Nissan’s board of directors has also started informal discussions regarding the timing of Uchida’s departure HONDA Motor will resume talks with Nissan Motor to form the world’s…
THE likely fallout of Honda Motor’s short-lived alliance with Nissan Motor spells trouble for both companies, but probably one more than the other. Nissan, which has struggled for years…
Japan’s Nissan has called off merger talks with rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the world’s no 3 automaker and raising questions about…
HONDA Motor debuted prototypes of its two latest electric vehicles (EVs) – a sedan and an SUV – with a new software operating system that will be built at its plant in Ohio and sold…
Honda and Nissan have officially confirmed the rumors that they're pursuing a merger. Both would still operate under their brands but with a new joint holding company as parent. If…
JAPANESE auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported…
HONDA and Nissan are in talks to deepen ties, two people said on Wednesday (Dec 18), including a possible merger, the clearest sign yet of how Japan’s once seemingly unbeatable auto…
Read the full story on The Auto Wire Most people have seen at least a few Japanese Kei vehicles in their time even if they don’t realize it, although they’re rare imports. The Scion xB…
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as much as 8.2 per cent. The Japanese carmaker…
