Overview
- Nissan and Honda's proposed $60 billion merger, announced in December, is reportedly close to falling apart due to unresolved disputes over terms.
- Honda suggested making Nissan a subsidiary to accelerate restructuring, which Nissan rejected as unacceptable, citing a desire for an equal partnership.
- Nissan's board reportedly supports ending discussions, though formal decisions have yet to be finalized by both companies' leadership.
- The merger was initially framed as a move to enhance global competitiveness, but skepticism about its benefits persisted, particularly from Honda's leadership and investors.
- Nissan is now reportedly exploring new partnerships, potentially with U.S.-based technology firms, as it faces mounting financial challenges and debt obligations.