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.
$58 billion Honda-Nissan merger is in deep trouble
A proposed $58 billion merger to create the world’s fourth-largest carmaker appears on the verge of collapse after Honda made an unexpected proposal to turn Nissan into a fully owned subsidiary, according to three people familiar with the matter.
The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.
FILE PHOTO: Makoto Uchida, Director, Representative Executive Officer, President and CEO of Nissan Motor Corporation holds a ...
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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