Nissan CEO Makoto Uchida informed Honda counterpart Toshihiro Mibe that the company would end merger discussions after Honda proposed making Nissan a subsidiary, Reuters reported on Thursday. The two ...
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Nissan's future reportedly became the sticking point in negotiations, with Honda pushing to make its smaller competitor a direct subsidiary.
Nissan is reported to have walked away from negotiations with rival Honda.
The two will decide whether to end merger talks "very soon." An expert says an alliance would likely not work anyway because ...
Struggling Japanese car maker Nissan has pulled out of merger talks with Honda, bringing an end to discussions that could ...