Published 11 days ago • loading... • Updated 10 days ago

How Nissan and Honda's $60 billion merger talks collapsed

Honda Motor Co. And Nissan Motor Co. Will abandon their merger talks, which aimed to create the world's third-largest auto group, following the collapse of negotiations less than two months after their announcement.
The two automakers had planned to share costs related to electric vehicles and software development.
Honda expressed concerns about Nissan's turnaround efforts, stating that struggling Nissan needed to improve for the deal to proceed, leading to tensions within Nissan's board.
Nissan's failure to convince Honda of its progress resulted in dissatisfaction among Nissan's board, ultimately leading to the decision to scrap the merger plan.

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EFE

+4 Reposted by 4 other sources

Honda and Nissan abandon merger talks

Japanese vehicle manufacturers Nissan Motor and Honda Motor decide to abandon negotiations aimed at merging both companies

10 days ago

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Channel News Asia

Nissan, Honda boards both vote to end merger talks, TBS reports

TOKYO : The boards of Nissan and Honda both voted on Thursday to officially end talks to merge the two Japanese automakers, broadcaster TBS reported.Spokespersons for both companies declined to comment on the report.

10 days ago·Singapore

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Kyodo News+

Honda, Nissan to scrap merger plan as talks collapse

Honda Motor Co. and Nissan Motor Co. are set Thursday to scrap their plan to merge into what would have become the world's third-biggest auto group by volume as negotiations collapsed less than two months after its announcement.

10 days ago·Japan

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Protothema

Reuters: How Nissan's talks with Honda over $60 billion mega-deal collapsed

The background to the discussions and disagreements on control, strategy and structural changes

11 days ago

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Reuters

+2 Reposted by 2 other sources

How Nissan and Honda's $60 billion merger talks collapsed

11 days ago·United Kingdom

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Philippine Car News, Car Reviews, Automotive Features, and New Car Prices | CarGuide.PH

Nissan, Honda Announce Breakup Just Before Valentine's Day

Both Nissan and Honda have a thing for drama. Just before Christmas, they announced plans to merge creating the world’s third largest carmaker. And now, just before Valentine’s, they’ve announced their breakup.Read More »

10 days ago

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