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Nissan Stock Surges on Honda Merger Report. Combining Isn't the Biggest Takeaway
Nissan and Honda Explore Potential Merger to Strengthen EV Position
Japan Auto Giants Honda and Nissan Could Merge: Media
Rumors of a merger between Japan's auto giants have shaken the market, with Honda (HMC.US) and Nissan (NSANY.US) possibly joining forces to lead changes in the industry.
The news of a potential merger between Honda Motor and Nissan Motor has caused a stir in the auto industry, leading to a widespread increase in the stock prices of Japanese auto manufacturers.
Honda Motor (HMC.US) has set a target for hybrid vehicle sales by 2030: to double from the current level to 1.3 million units.
Honda Motor stated on Wednesday that the company's goal is to double its Global sales of hybrid vehicles by 2030 from the level in 2023.
Nissan Motors (NSANY.US) may "cling to" Honda (HMC.US) for relief, achieving the largest increase in 50 years.
Due to market expectations that Nissan Motor (NSANY.US) and Honda Motor (HMC.US) will potentially collaborate to save this Auto Manufacturer in Japan from the financial crisis, shares of Nissan Motor soared 24% on Wednesday.
SuIIIIT : Hmmm