Honda News
Strong consumer demand, aided by rising incentives, is pushing the market, but softer fleet deliveries will hold back the total.
Jeremie Papin, Nissan's finance chief, could replace Makoto Uchida partly because he is more open to Honda’s proposal to make Nissan a subsidiary.
Nissan directors are gauging interest in potential candidates to Uchida, the 22-year company veteran who’s been CEO since late 2019, Bloomberg reported.
The former Nissan executive, wistful about what could have been with Renault, is seeking full exoneration from the Carlos Ghosn saga.
The credit-rating firm said Nissan’s weak profitability is driven by its aging lineup, a lack of hybrid offerings, ballooning incentives in the U.S. and slumping demand in China.
Honda’s go-it-alone move comes as Honda and GM navigate shifting auto alliances while international carmakers scramble to find friends to help shoulder the huge investments in next-generation powertrain technologies.
Sony Honda Mobility, which showed off a near-production version of the electric midsize Afeela 1 sedan at CES in Las Vegas, will display it at the Academy Museum of Motion Pictures in Los Angeles from Feb. 21 though March 2, the date of the 97th Academy Awards.
Nissan CEO Makoto Uchida finally talks tough about turnaround plans, pledging more big overhauls soon, after Honda "wake-up call" on "decisive, painful decision-making."
Toyota Canada's new CEO told reporters last week that trade between Canada and the U.S. is “very balanced and working very well,” and that the current rhetoric appears to be part of broader negotiations between the two governments.
Honda would be open to resuming negotiations under a new Nissan CEO who could better manage opposition within Nissan, according to the Financial Times.
