February 6, 2025
TOKYO – Nissan Motor Co. intends to terminate merger talks with Honda Motor Co., it has been learned.
Nissan convened a board meeting on Wednesday to discuss how to proceed with the merger talks, which were first announced in December.
Nissan likely found Honda’s conditions for a merger to be unacceptable. One such unacceptable condition, which was suggested by Honda, was for Nissan to become a subsidiary.