Thursday, December 26, 2024

For Honda, a Nissan rescue comes with only a thin silver lining

Honda's potential merger with Nissan stems from the need to combat rising electric vehicle competition in China and Europe. The deal promises scale advantages, access to innovations, and shared resources, though both companies face challenges with EV and hybrid production capacities.

from Auto-Industry-Economic Times https://ift.tt/0afiZF7

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...