Former Nissan chief Ghosn: Seeking an agreement with Honda is a desperate move, and there is little chance of synergy between the two companies.

Former Nissan Motor Chairman Carlos Ghosn stated that this struggling Auto Manufacturer in Japan is seeking to reach an agreement with Honda Motor, indicating that the former is in "panic mode." "This is a desperate move," Ghosn said on Friday, "it is not a pragmatic Trade, because frankly, it is difficult to find synergies between the two companies." Ghosn indicated that the negotiations regarding a potential merger with Honda suggest that Nissan Motor is in a "panic mode." Earlier this week, Honda confirmed that the company is considering various options, including merging with Nissan, a capital alliance, or establishing a holding company. Reports also indicate that Hon Hai Precision Industry (also known as Foxconn) is.

Global Market ReportDec 21 01:09

Express News | Fujifilm Holdings Corporation Unsponsored ADR has suspended its pursuit of Nissan Autos, as negotiations for a Trade with Honda are ongoing.

BreakingsDec 20 17:38

Express News | On the 19th, 16 stocks gained net financing from buying funds exceeding 0.1 billion yuan, with Inspur Electronic Information Industry having a net purchase of 0.283 billion yuan.

BreakingsDec 20 09:17

Ping An Securities: The Doubao large model family has been upgraded, enhancing productivity and highlighting the potential for edge applications.

Under the trend of intelligence, the upgrade of the large model family has improved performance and lowered the threshold, and Byte's bean bag large model is expected to accelerate the implementation of AI on the client side.

Zhitong FinanceDec 19 17:11

News reports indicate that Honda and Nissan are set to begin merger negotiations as early as next week.

According to reports, Honda Motor and Nissan Motor are set to begin negotiations for a possible merger as early as December 23. This will accelerate the momentum for potential integration between the two Auto Manufacturers in Japan. Earlier reports indicated that senior executives from both companies are considering integration, which may also extend to include Mitsubishi Motors. Additionally, earlier reports mentioned that before strengthening ties with Honda, Foxconn had contacted the company regarding acquiring a controlling stake in Nissan. Honda has threatened that if Nissan seeks to establish a partnership with Foxconn, Honda will either terminate the existing technical cooperation with Nissan or respond if Foxconn attempts a hostile takeover of Nissan.

Global Market BulletinDec 19 08:16

Omdia Projects Foxconn to Become the World's Largest Server Vendor

PR NewswireDec 18 15:02