Nissan sours on merger with Honda, set to call off plan, sources say
TOKYO — Nissan is set to call off merger talks with rival Honda, a source said Wednesday, abandoning a $60 billion-plus tie-up that would have created the world's No. 3 automaker and raising questions about how it will drive a turnaround by itself.
Nissan CEO Uchida Tells Honda CEO Mibe He Wants to Terminate Merger Talks, Asahi Reports
Makoto Uchida, Director, Representative Executive Officer, President and CEO of Nissan Motor Corporation holds a joint press conference on their merger talks, in Tokyo, Japan, December 23, 2024. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) - Nissan Motor CEO Makoto Uchida told his Honda counterpart Toshihiro Mibe that he wants to terminate their discussions over a possible merger,
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