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Yomiuri Shimbun file photo Nissan Motor Co. President Makoto Uchida, left, and Honda Motor Co. President Toshihiro Mibe, center, hold a press conference announcing the start of merger talks in December 2024.
The Yomiuri Shimbun
19:18 JST, February 5, 2025
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.
