Nissan and Honda ended merger talks to forge a $60 billion car company on Thursday, pitching Nissan deeper into uncertainty ...
Honda and Nissan initially said they were trying to finalize an agreement by June and set up the holding company by August.
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
TOKYO, Feb 12 (Reuters) - Nissan (7201.T), opens new tab was deep in trouble late last year when rival Honda (7267.T), opens new tab offered a lifeline: a $60 billion tie-up that would help both ...
The chief executives of the two automakers, at separate news conferences, traded jabs about Honda’s bid to change the terms ...
TOKYO, JAPAN - MARCH 15: Nissan CEO Makoto Uchida (L) looks on as Honda CEO Toshihiro Mibe (R) ... [+] speaks during a joint press conference on March 15, 2024 in Tokyo, Japan. (Photo by Tomohiro ...
Nissan was deep in trouble late last year when rival Honda offered a lifeline: a $60 billion tie-up that would help both Japanese automakers compete against the Chinese brands upending the car ...
The pair are discussing various options, including the possibility of withdrawing from deal talks, according to statements.
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 ...
Japanese automaker Nissan (NSANY) finds itself at a crossroads. Nissan was poised to participate in a megamerger with rival Honda (HMC), and it was a huge development when the talks were revealed ...