{"id":119446,"date":"2024-12-23T12:37:03","date_gmt":"2024-12-23T08:37:03","guid":{"rendered":"https:\/\/abcmedia.am\/?p=119446"},"modified":"2024-12-23T13:33:55","modified_gmt":"2024-12-23T09:33:55","slug":"reuters-honda-and-nissan-are-going-to-discuss-a-merger","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/119446\/","title":{"rendered":"Reuters: Honda and Nissan are going to discuss a merger"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Honda and Nissan have agreed to explore a merger and set up a joint holding company, a source told <a href=\"https:\/\/www.reuters.com\/markets\/deals\/honda-nissan-set-announce-launch-integration-talks-media-reports-say-2024-12-22\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p>Honda, Japan&rsquo;s second-biggest automaker after Toyota, has a market capitalization of more than $40 billion, while third-ranked Nissan is valued at about $10 billion.<\/p>\n<p>The automakers said they will hold a joint press conference on Monday, where the head of Nissan&rsquo;s partner Mitsubishi Motors will join their chief executives.<\/p>\n<p>Honda and Nissan aim to wrap up talks around June 2025 and then set up a holding company by August 2026.<br>\nHonda will appoint the majority of the holding company&rsquo;s board, the source added.<\/p>\n<p>The integration of the two storied Japanese brands would mark the biggest reshaping in the global auto industry since Fiat Chrysler Automobiles and PSA merged in 2021 to create Stellantis.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Honda and Nissan have agreed to explore a merger and set up a joint holding company, a source told Reuters. Honda, Japan&rsquo;s second-biggest automaker after Toyota, has a market capitalization of more than $40 billion, while third-ranked Nissan is valued at about $10 billion. The automakers said they will hold a joint press conference on [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":119427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,43,98],"tags":[],"class_list":["post-119446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-other-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/119446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=119446"}],"version-history":[{"count":0,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/119446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/119427"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=119446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=119446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=119446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}