Nissan plans $7-B funding with UK help

Nissan plans $7-B funding with UK help

TOKYO — Japan’s struggling Nissan is considering raising more than 1 trillion yen ($7 billion) from debt and asset sales, which would include a syndicated loan guaranteed by the UK government, Bloomberg News said on Wednesday. FUNDRAISING Cars are pictured on display at the headquarters building for Japanese automaker Nissan in Yokohama on May 13,…

Read More
Nissan, Honda And Mitsubishi Want To Merge To Better Compete In EV, Hybrid Market

Nissan, Honda And Mitsubishi Want To Merge To Better Compete In EV, Hybrid Market

TOKYO – In a groundbreaking move that could reshape the automotive landscape, Japanese carmakers Nissan, Honda, and Mitsubishi have confirmed that they are in talks for a potential three-way merger. This unexpected development has sparked widespread interest within the industry, as the merger could combine the strengths of three of Japan’s most recognized automotive brands. Nissan,…

Read More