Mitsubishi Motors (OTC:MMTOF) Stock, Quote.Headers.trade-ideas

Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

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Honda Motor Co. Ltd. shares soared nearly 14% in Tokyo trading on Tuesday, marking their biggest one-day gain since 2008, after the Japanese automaker announced a massive share buyback plan and confirmed merger discussions with Nissan Motor Co. Ltd.

Honda Stock Surges Nearly 14% On Buyback, Merger Talks With Nissan

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Honda and Nissan confirmed their merger plans at a joint press conference on Monday and aim for a completion date of August 2026. 

Honda, Nissan Confirm Merger Plans To Offset Chinese EV Competition: How Mitsubishi Factors In

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Nissan Motor Co. shares surged 22.54% on Wednesday after the reports of merger talks with Honda Motor Co. Honda&#39;s stock slipped 2% amid broader market declines, with the Nikkei 225 index closing down 0.55%.

Nissan Stock Soar Over 20% On Merger Talks With Honda, Mitsubishi Spikes

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