Market responds well to Nissan and Honda merger talks

December 18, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2412/761181-208×117.jpg?5″ width=”208″ height=”117″ alt=”Nissan CEO Makoto Uchida announcing the financial results. Source: Nissan” align=”left”><br><span >Nissan CEO Makoto Uchida announcing the financial results. Source: Nissan&lt;/span><p><a href=”https://edition.cnn.com/2024/12/17/business/honda-nissan-merger-talks/index.html”>Reports have emerged</a> that Nissan is in talks with Honda regarding a potential merger. The news comes as Nissan navigates a challenging financial period, having recently revised its full-year forecast for fiscal year 2024 downwards. Nissan’s first-half results for fiscal year 2024 showed a significant decrease in consolidated net revenue and operating profit, with the latter falling to ¥32.9bn, representing an operating profit margin of 0.5%. The company chalks up the decline to higher selling expenses, inventory optimisation efforts, and rising production costs.</p><br> <a href=”https://www.bizcommunity.com/article/market-responds-well-to-nissan-and-honda-merger-talks-819413a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254299″>Send to a friend</a></p><div style=”clear:left”></div>