Honda Motor Co. and Nissan Motor Co. said Friday they will unveil the details of their merger plan in mid-February, having originally

Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January.The two Japanese automakers have been in talks to explore a merger by 2026,

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And in the end, we need Japan and the US to be generating cash." Following a sales slowdown, Nissan wants to reduce the headcount at the factories that make its Rogue SUV and the midsize Altima sedan.

Honda Motor and Nissan Motor have said they will determine the next steps in their planned merger by the end of January. TOKYO -- Honda Motor and Nissan Motor will aim to announce how they will proceed with their planned merger by mid-February, Nikkei learned Friday.

According to sources familiar with the matter, Honda has been pushing Nissan to accelerate its restructuring efforts. In November, Nissan announced plans to cut 9,000 jobs worldwide and reduce its global production capacity by 20 percent after reporting a more than 90 percent drop in net profit for the April-September period.

Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesman said on Friday, pushing back the plan from the end of January.

Honda and Nissan said Friday they will reveal their merger integration outline plan in mid-February. They originally planned to make it public by the end of January.

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Japanese car makers Honda (HMC) and Nissan changed course today and will now give up an update on potential merger plans next month.Invest with

Hamas announced dual U.S.-Israeli citizen Keith Siegel is one of three hostages to be released Saturday as part of the initial phase of its cease-fire and hostage-prisoner exchange agreement with Israel.