Honda Motor Co Ltd
As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South […]
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Honda and Nissan end merger talks, say they will continue to ‘collaborate’
The Nissan logo appears on a smartphone screen, and in the background, the Honda Motor Company logo is visible in this illustration photo in Reno, United States, on December 26, 2024. Jaques Silva | Nurphoto | Getty Images Japanese automakers Honda and Nissan said Thursday they would terminate merger talks, ending speculation over the fate […]
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Foxconn says it is open to buying a stake in Nissan
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images Taiwan’s Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the Japanese automaker’s future hangs in the balance after stepping back from merger talks with Honda. “If cooperation requires it (purchasing Nissan shares), we […]
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Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness’ in China
Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe market challenges ahead from intensifying electric vehicle competition and global tariffs. The automaker, which is majority-owned by China’s Geely Holding, said operating income came in at 22.3 billion Swedish kronor ($2.04 billion) in 2024 amid an […]
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Ford CEO calls for ‘comprehensive’ tariff analysis for all countries
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT — Ford Motor CEO Jim Farley on Wednesday said […]
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Nissan and Honda shares rise as report says automakers may call off merger talks
Jaques Silva | Nurphoto | Getty Images Shares of Honda and Nissan rose Wednesday after a local newspaper reported that the Japanese automakers were considering calling off their merger talks. The boards of both companies are meeting soon to table the termination of the merger, Asahi Shimbun reported, citing sources. Shares of Nissan rose as […]
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Honda’s new EV production revolution begins with $1 billion investment in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing […]
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Honda reveals two new ‘0 Series’ EVs to be produced in Ohio
Honda 0 Saloon & Honda 0 SUV prototypes Honda LAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company’s newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio. The vehicles are the Honda 0 Saloon, which is an updated version of a […]
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Stocks making the biggest moves premarket: Boeing, Palantir, MicroStrategy and more
Check out the companies making headlines in premarket trading. Boeing – Shares fell 3% after South Korea ordered an inspection of all B737-800 planes in the wake of the deadly Jeju Air crash over the weekend. The crash killed all but two of the 181 people on board, becoming the deadliest air accident in the […]
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Stocks making the biggest moves midday: Red Cat Holdings, Rigetti Computing, Honda and more
Check out the companies making headlines in midday trading: Rigetti Computing — The quantum computing stock soared 10%, adding to the sector’s robust end-of-year rally . Shares of Rigetti are now up 1,674% on the year. KULR Technology Group — Shares pulled back around 9%, reversing the gains seen in the previous session. On Thursday, […]
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