Nissan has ended merger talks with Honda due to Honda’s concerns about Nissan’s weak progress in restructuring. The decision comes as Nissan tries to recover from a financial crisis, which has caused their shares to drop, while Honda’s shares have risen. The negotiations were initially started with the aim of creating the third-largest car manufacturer, but disagreements led to the termination. Honda was worried about Nissan’s progress and disagreements over company control. This development has become
Nissan and Honda cancel merger talks; Honda worried about Nissan’s progress.
