Nissan Preparing to Scrap Merger Talks with Honda
Tokyo, Feb. 5 (Jiji Press)--Nissan Motor Co. is preparing to rescind its agreement with Honda Motor Co. to consider integrating their operations, sources said Wednesday.
Nissan held a meeting of its board of directors the same day, where a proposal by Honda to make Nissan a subsidiary was likely discussed. Some in Nissan have opposed this, citing concerns over losing managerial independence.
(2025/02/05-17:53)
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