{"id":77951,"date":"2024-03-13T10:14:39","date_gmt":"2024-03-13T15:14:39","guid":{"rendered":"https:\/\/equitynewsreport.com\/japans-nissan-could-seek-partnership-with-honda-tv-tokyo-says\/"},"modified":"2024-03-13T10:14:39","modified_gmt":"2024-03-13T15:14:39","slug":"japans-nissan-could-seek-partnership-with-honda-tv-tokyo-says","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/japans-nissan-could-seek-partnership-with-honda-tv-tokyo-says\/","title":{"rendered":"Japan&#8217;s Nissan could seek partnership with Honda, TV Tokyo says"},"content":{"rendered":"<div readability=\"68\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"Japan's Nissan could seek partnership with Honda, TV Tokyo says\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/trkd-images\/LYNXNPEK2C0HS_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. FILE PHOTO: Nissan Motor&#8217;s EV model Sakura is charged at a charging station in Yokohama, Japan, Nov. 3, 2023. REUTERS\/Kim Kyung-Hoon\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>TOKYO (Reuters) -Japan&#8217;s Nissan (OTC:) Motor is considering seeking a business partnership with <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Honda <\/span><\/span> (NYSE:) Motor, TV Tokyo reported on Wednesday, citing unidentified sources.<\/p>\n<p>Nissan&#8217;s board of directors decided in a meeting on Tuesday to consider a potential collaboration with its larger Japanese rival, the report said, without providing details on the type of partnership Nissan might seek.<\/p>\n<p>A Nissan spokesperson declined to comment on the report, and said he did not know whether its board of directors met on Tuesday. <\/p>\n<p>A Honda spokesperson said there was nothing the company could say about the report, adding it was not something it had disclosed.<\/p>\n<p>Nissan intends to sign a non-legally binding memorandum of understanding with Honda, TV Tokyo said, adding the areas in which they would consider to team up remained undecided.<\/p>\n<p>Nissan&#8217;s global sales stood at 3.3 million vehicles in 2023, compared with nearly 4.0 million at Honda over that period, with both reporting a rise in overall global sales last year.<\/p>\n<p>Both companies lost share in the world&#8217;s top auto market China last year amid heavy competition from BYD (SZ:) and other electric vehicle makers. Both may cut production in the country, the  newspaper said on Tuesday.<\/p>\n<p>Among other Japanese automakers, the only one to sell more vehicles than Nissan and Honda last year was the world&#8217;s No. 1 automaker <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Toyota <\/span><\/span> Motor (NYSE:).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: Nissan Motor&#8217;s EV model Sakura is charged at a charging station in Yokohama, Japan, Nov. 3, 2023. REUTERS\/Kim Kyung-Hoon\/File Photo TOKYO (Reuters) -Japan&#8217;s Nissan (OTC:) Motor is considering seeking a business partnership with Honda (NYSE:) Motor, TV Tokyo reported on Wednesday, citing unidentified sources. Nissan&#8217;s board of directors decided in a meeting on Tuesday to consider a potential collaboration with its larger Japanese rival, the report said, without providing details on the type of partnership Nissan might seek. A Nissan spokesperson declined to comment on the report, and said he did not know whether its board [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77952,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,50,48,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77951"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77951"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77952"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}