tiprankstipranks
Honda efforts to absorb Nissan may undermine motorcycle business, Bloomberg say
The Fly

Honda efforts to absorb Nissan may undermine motorcycle business, Bloomberg say

Honda Motor’s (HMC) efforts to strengthen its car sales by absorbing Nissan Motor (NSANY) could undermine the company’s motorcycle business, Nicholas Takahashi of Bloomberg reports. Honda’s two-wheeler segment could be better positioned to expand further if its given freedom under a new holding structure, and its weight within the company could mean negotiations may stall if its set to bear the brunt of Nissan’s financial situation.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App