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 considers pulling out of merger with Honda
The reality is that Nissan would effectively become a subsidiary of Honda, something the company is finding hard to swallow. Mitsubishi Motors, a much smaller vehicle manufacturer, has already indicated that it will decline an invitation to participate in the merger so as not to lose managerial independence.
Since the dramatic downfall of “Cost Killer” chief executive Carlos Ghosn in 2018, Japan’s Nissan Motor Co. has labored with ...
The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.
Negotiations between Nissan and Honda are reportedly shaky after the two Japanese automakers previously announced they would ...
SMYRNA, Tenn. (WSMV) - After announcing a merger last month with rival automaker, Honda, Nissan is now saying it will reduce production and cut thousands of jobs to its plants across the globe. This ...
A deal to create the world’s third biggest automaker is falling part. Talks between Honda and Nissan have hit the skids a few ...
Take a look inside Honda's EV Hub in Ohio where the company plans to start making new vehicles later this year.
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