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Nissan’s US sales are struggling, with sales down 2.2% in Q3, while Honda’s sales have surged, up 8% in Q3 and up 13.4% year to date. Part of that success is due to Honda’s hybrid offerings ...
Nissan has struggled financially and last month announced plans to lay off 9,000 workers and slash global production capacity by 20 percent. Uchida, who announced a 50 percent pay cut, said at the ...
Shares in Honda ended the day up 3.8%, Nissan rose 1.6% and Mitsubishi Motors gained 5.3% after the news reports on the details of the planned merger, while the benchmark Nikkei closed up 1.2% ...
FILE - Nissan Chief Executive Makoto Uchida, left, and Honda President Toshihiro Mibe attend a joint news conference in Tokyo, Friday, March 15, 2024. (Kyodo News via AP, File) ASSOCIATED PRESS
Nissan's stock surged after reports it was negotiating a possible merger with Honda. When local markets closed Wednesday, Nissan's stock was nearly 24% higher, while Honda's was down 3%.
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Nissan dealers have dealt with slumping sales all year, particularly for the brand's top seller, the Rogue. Once a segment leader, the Rogue saw its sales fall 10% through the first nine months of ...
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