Nissan may call off merger talks with Honda, source says


Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend a joint press conference in Tokyo, Japan March 15, 2024. — Reuters

TOKYO: Japan's Nissan may call off its merger talks with Honda, according to a person familiar with the matter, adding that Nissan's board members were due to meet in the near future to decide a course of action.

The development puts in doubt a tie-up that would create the world's third-largest automaker by sales and raises fresh questions about how hard-hit Nissan could ride out its latest crisis without external help.

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Nissan , Honda , merger

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