Broken Talks: Honda & Nissan / Nissan Took Umbrage at Honda's Subsidiary Proposal; Nissan Executive Fumes about “Insane Decision”

Honda Nissan Rensai1
At about 5 p.m. Thursday, Honda President Toshihiro Mibe appeared in an online press conference in Tokyo and explained why his company had adopted a hard-line approach that sought to make Nissan its subsidiary, rather than a business integration that would establish a joint holding company.

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