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.
