Nissan shares soared 8.17 percent to 449 yen in early trade before easing to 439.5 yen, while Honda shares rose 4.46 percent to 1,498 yen, before easing to 1.487 yen in morning trade.
Separately, Nissan said it “plans to optimise its cost structure and reduce fixed and variable costs by a total of approximately 400 billion yen ($2.6 billion) in fiscal year 2026.”
The remaining headcount reduction will come from closing three plants in the first quarter of the 2025 financial year.
“We are dedicated to achieving a more efficient cost structure while driving top-line growth through enhanced competitive products” Nissan president and CEO Makoto Uchida said in a statement.
Nissan will also reduce top management positions by 20 percent, the statement said.
Read More Details
Finally We wish PressBee provided you with enough information of ( Nissan, Honda shares surge after merger talks scrapped )
Also on site :