Honda's nine-month profit down year-on-year as it ends talks with Nissan

Japanese automaker Honda is reporting a 7% decline in profit for the nine months that ended in December as it terminated talks on business integration with Nissan

Topics

Honda, Nissan and Mitsubishi end merger talks

Top executives from Honda, Nissan and Mitsubishi had been in talks to form a joint holding company to compete with Tesla and Chinese automakers on electric vehicles, but those talks have fallen ...
CBS News - 1h
Honda rules out hostile bid for Nissan after merger talks collapse

Nissan had bristled at proposal to turn it into a Honda subsidiary
Financial Times - 6h
Honda and Nissan end merger talks, say they will continue to 'collaborate'

The companies first announced merger talks last December to create the world's third-largest automaker by vehicle sales.
CNBC - 7h
Honda-Nissan multi-billion dollar merger collapses

The Japanese car making giants aimed to combine their businesses to compete against Chinese rivals.
BBC News - 3h
Honda and Nissan Scrap $50 Billion Merger Plan

The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
The New York Times - 6h
It's official: Honda-Nissan merger talks are off

Japanese auto giants Honda and Nissan confirmed they've scrapped merger talks announced in December, ending a potential combination that would have created the world's third-largest automaker.
CBS News - 6h
Nissan and Honda end $60bn merger talks

Both Japanese carmakers say they will continue to cooperate on electric vehicle technology. Japan’s Nissan and Honda have said that their boards have voted to end talks over a merger that would ...
The Guardian - 7h
Japanese automakers Honda, Nissan and Mitsubishi say they are ending their talks on a business integration

Japanese automakers Honda, Nissan and Mitsubishi say they are ending their talks on a business integration
ABC News - 9h
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops

The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining disciplined.”
MarketWatch - 21h

More from ABC News

In Ecuador's highlands, an Indigenous community faces choice between 2 candidates they don't trust

The two main candidates vying for Ecuador’s presidency never campaigned in Cochapamba
ABC News - 20h
Elephants trumpet, squeak and flap their ears after their complex move across an Australian city

Elephants trumpeted, touched trunks and flapped their oversized ears upon reuniting with their herd after a complex, five-day move from an urban Australian zoo to a much larger enclosure
ABC News - 9h
VP Vance is visiting the Dachau concentration camp memorial

Vice President JD Vance is set to visit the Dachau concentration camp memorial
ABC News - 8h
El Salvador's Congress votes to eliminate public campaign financing

Lawmakers in El Salvador have taken advantage of a newly streamlined constitutional reform process to eliminate public financing of political campaigns, making good on a promise of President Nayib ...
ABC News - 13h
Myanmar bids to put traditional thanakha face powder on UN heritage list to boost cultural profile

While supporters and opponents of Myanmar’s military government are engaged in a bloody civil war, both sides can celebrate something worthy: the use of thanakha, a yellowish-white paste made from ...
ABC News - 21h