12:57 PM · 18 December 2024

Renault gains on reports of possible Nissan/Honda merger 🚗

Renault
Stocks
RNO.FR, Renault SA
-
-
Honda
Stocks
HMC.US, Honda Motor Co Ltd - ADR
-
-

The shares of financially struggling automotive company Nissan gained nearly 24% during today's Asian session after news of the company's potential merger with Honda circulated around the world. Both companies face competition from Tesla and Chinese electric vehicle makers, both of which have been climbing the ranks of the segment's largest companies in recent times. 

According to two anonymous Reuters sources, the talks are focused on finding ways to strengthen cooperation and include the possibility of either forming a holding company or conducting a full merger.

A combined Honda and Nissan would create a $54 billion company with annual production of 7.4 million vehicles, making it the world's third-largest automotive group by vehicle sales.

The news from the Far East today supports valuations of Renault (RNO.FR) shares, which are currently gaining 7%. The French auto giant remains Nissan's largest shareholder, holding a 36% stake.

Renault's shares are gaining 7% today, breaking out to the highest levels seen since July. 

Source: xStation 5

28 October 2025, 6:46 PM

Daily Summary – Wall Street Rises Ahead of “Magnificent Seven” Earnings

28 October 2025, 6:00 PM

Palantir and Nvidia Join Forces in Advanced Artificial Intelligence Development

28 October 2025, 5:41 PM

Microsoft and OpenAI: Strategic Restructuring and the Upcoming Report as an AI Market Barometer

28 October 2025, 4:40 PM

Cameco Shares Hit Record Highs Following Strategic Partnership Announcement with the US!

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits