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.
Honda and Nissan shook the automotive industry in December 2024 with their announcement of a historic $58 billion merger plan ...
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The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.
Ghosn, who became chairman of Nissan after years working in alliance partner Renault, is widely credited with turning around the Japanese carmaker. He was hailed as a business genius until his ...
A deal to create the world’s third biggest automaker is falling part. Talks between Honda and Nissan have hit the skids a few ...
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