Catenaa, Friday, February 21, 2025 – Japan has drawn up plans for Elon Musk’s Tesla to invest in Nissan following the collapse of merger talks with Honda, according to a report from the Financial Times on Friday. The report said a high-level Japanese group, including a former prime minister, has drawn up plans for Elon Musk’s Tesla […]
Catenaa, Thursday, April 24, 2025- Nissan Motor expects a net loss of $4.9 billion to $5.2 billion for the financial year, which is over 775% increase from the previous estimate as the company restructures. In a filing to the Tokyo Stock Exchange on Thursday, Nissan Motor said that operating profit for fiscal year 2024 is […]
Catenaa, Wednesday, February 19, 2025- Nissan and Honda have ended negotiations for a $60 billion merger, a deal that would have created the world’s fourth-largest automaker. The breakdown of talks leaves Nissan facing mounting challenges as Chinese competitors gain ground. The merger discussions, first reported in December, collapsed over disagreements, particularly Honda’s proposal to make […]