Nissan, Honda to End Merger Talks Amidst Market Disruption
Nissan and Honda are expected to formally withdraw their merger plans after unsuccessful negotiations between the Japanese automakers. The announcement is likely to mark a new phase in their uncertain alliance.
Both companies are facing significant challenges in the automotive industry, including the崛起 of Chinese electric vehicle manufacturers and the prospect of tariffs in the United States. Nissan, in particular, has been struggling and recently announced a restructuring plan to cut costs.
Sources close to the negotiations indicate that differences between the two companies, including Honda's proposal to make Nissan a subsidiary, led to the breakdown in talks. Despite the failed merger, Nissan remains open to collaboration with other partners, including Taiwan's Foxconn.
On Thursday, the two companies are expected to unveil details of a technology partnership they were discussing prior to the merger talks. This partnership aims to explore collaborations in various areas.