The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.
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A decision on the merger between Honda and Nissan proposed by the automakers last December was anticipated to arrive in ...
Shares in Nissan fell while Honda stock closed higher, reflecting investor views that Nissan was more likely to benefit.
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The pair are discussing various options, including the possibility of withdrawing from deal talks, according to statements.
The automotive world was caught off guard in December when Honda and Nissan revealed they were in discussions to merge into a ...
Mitsubishi Motors is facing a tough financial year, with the company slashing its net profit forecast by a staggering 76%.
Nissan is still holding “various discussions” with Honda, the carmaker said Wednesday in response to media reports that it is set to scrap merger talks with its larger rival.
Honda Motor Co. and Nissan Motor Co. are set to end merger talks next week, pulling the plug on a project that could have ...
The Honda - Nissan merger is one of the hottest and most rapidly developing stories in the auto industry right now. The two ...
Last month, Reuters reported that Mitsubishi had already bowed out of the Nissan-Honda merger months ahead of its ...