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.
Nissan reportedly tells Honda it will end merger talks
The CEO of Nissan Motor Co conveyed the company's intent to terminate merger talks with Honda Motor Co on Thursday, a source familiar with the matter said, signaling the end of an initiative that would have created the world's third biggest auto group.
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