Honda and Nissan Set to Merge in $54 Billion Deal, Eye Global Automotive Dominance

GuruFocus.com2024-12-23

Aiming to become the third-largest automaker in the world by revenues, Nissan Motor Co. and Honda Motor Co. (NYSE:HMC) declared Monday they are in official talks to consolidate operations. Honda CEO ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2493769026?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/XcBC7.VLK5eNGBJEs2FNtw--~B/aD0zNjY7dz01NTA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/c807dc96fd9bbe6da2499400080c8dd2","is_english":true,"pubTime":"2024-12-23 23:01","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2493769026","market":"us","top_or_hot":-1,"title":"Honda and Nissan Set to Merge in $54 Billion Deal, Eye Global Automotive Dominance","media":"GuruFocus.com","content":"<div>\n<p>Aiming to become the third-largest automaker in the world by revenues, Nissan Motor Co. and Honda Motor Co. (NYSE:HMC) declared Monday they are in official talks to consolidate operations. Honda CEO ...</p>\n\n<a href=\"https://finance.yahoo.com/news/honda-nissan-set-merge-54-150107613.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Honda and Nissan Set to Merge in $54 Billion Deal, Eye Global Automotive Dominance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHonda and Nissan Set to Merge in $54 Billion Deal, Eye Global Automotive Dominance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-23 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/honda-nissan-set-merge-54-150107613.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aiming to become the third-largest automaker in the world by revenues, Nissan Motor Co. and Honda Motor Co. (NYSE:HMC) declared Monday they are in official talks to consolidate operations. Honda CEO ...</p>\n\n<a href=\"https://finance.yahoo.com/news/honda-nissan-set-merge-54-150107613.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NSANY","symbol_name":"日产汽车","start_time":0,"source_url":"https://finance.yahoo.com/news/honda-nissan-set-merge-54-150107613.html","article_id":"2493769026","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/XcBC7.VLK5eNGBJEs2FNtw--~B/aD0zNjY7dz01NTA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/c807dc96fd9bbe6da2499400080c8dd2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493769026","pubTimestamp":1734966067,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Aiming to become the third-largest automaker in the world by revenues, Nissan Motor Co. and Honda Motor Co.  declared Monday they are in official talks to consolidate operations. Honda CEO Toshihiro Mibe stated at a press conference that the possible merger aims to combine their resources to increase competitiveness in intelligent driving technology and electric cars.With Honda nominating the majority of board members of the new company, the firms intend to create a holding company registered on the Tokyo Stock Exchange. The merged company is expected to have operating profit above 3 trillion yen  and revenue of 30 trillion yen .Comparatively to Nissan's 568.7 billion yen , Honda declared an operating profit of 1.382 trillion yen  in the fiscal year ended March 2024. With Honda's market value of $43 billion above Nissan's $11 billion, the merger has a total worth of $54 billion.GuruFocus has detected 3 Warning Sign with HMC.Mibe claimed the merging would bring synergies and scale effic","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NSANY":"日产汽车","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4099":"汽车制造商","BK4555":"新能源车","NSANF":"Nissan Motor Co., Ltd.","HMC":"本田汽车"},"translate_title":"本田和日产将以540亿美元的交易合并，着眼于全球汽车主导地位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HMC":1,"NSANF":0.9,"NSANY":0.9},"content_text":"Aiming to become the third-largest automaker in the world by revenues, Nissan Motor Co. and Honda Motor Co. (NYSE:HMC) declared Monday they are in official talks to consolidate operations. Honda CEO Toshihiro Mibe stated at a press conference that the possible merger aims to combine their resources to increase competitiveness in intelligent driving technology and electric cars.\nWith Honda nominating the majority of board members of the new company, the firms intend to create a holding company registered on the Tokyo Stock Exchange. The merged company is expected to have operating profit above 3 trillion yen ($19.1 billion) and revenue of 30 trillion yen ($191.4 billion).Comparatively to Nissan's 568.7 billion yen ($3.6 billion), Honda declared an operating profit of 1.382 trillion yen ($8.8 billion) in the fiscal year ended March 2024. With Honda's market value of $43 billion above Nissan's $11 billion, the merger has a total worth of $54 billion.\n\nWarning! GuruFocus has detected 3 Warning Sign with HMC.\n\nMibe claimed the merging would bring synergies and scale efficiencies, improving the market positioning of both brands while preserving their identities. By June 2025, the firms hope to have finalized negotiations. Following the announcement Honda shares were up by double-digit margins.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493769026"}