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Honda, Nissan at Odds as Deal to Combine Begins to Unravel
- Nissan CEO told Honda it plans to end integration talks: Asahi
- Failure to combine with Honda may leave Nissan out in the cold
Honda’s market value is more than five times larger than that of Nissan.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Honda Motor Co.’s plan to absorb Nissan Motor Co. is rapidly deteriorating after disagreements over the inherent power imbalance between the two legacy automobile brands led to a deadlock.
Nissan Chief Executive Officer Makoto Uchida told Honda CEO Toshihiro Mibe that he intends to end integration talks, the Asahi newspaper reported Thursday.