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Japan's Honda and Nissan scrap merger talks

Nissan's CEO Makoto Uchida said "given the performance of the company, there is a difficulty to stand alone" and Honda's proposal was "carefully discussed".

Nissan president and CEO Makoto Uchida (L) and Honda director and president Toshihiro Mibe posing at the end of a press conference in Tokyo on August 1, 2024. (AFP)
By: NewVision Reporter, Journalists @NewVision

TOKYO - Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.

The bid

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Tags:
Honda
Nissan
Japan