Nissan sours on merger with Honda, set to call off plan, sources say
TOKYO — Nissan is set to call off merger talks with rival Honda, a source said Wednesday, abandoning a $60 billion-plus tie-up that would have created the world's No. 3 automaker and raising questions about how it will drive a turnaround by itself.
A combination of Honda and Nissan, which would have created the world’s third-largest auto maker, looks to be off the table.
The Honda - Nissan merger is one of the hottest and most rapidly developing stories in the auto industry right now. The two ...
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