The deal may fall through as Honda reportedly wants to make Nissan its subsidiary, an act the latter vehemently opposes.

Honda and Nissan's merger talks that began in December are reportedly on hold after Honda presented terms that were unacceptable to Nissan.

The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.

Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.

The landmark EV merger, which would create the world’s third-largest automaker, may not happen after all. Honda and Nissan’s ...

Top Stories GM cuts nearly half of Cruise workforce, abandons robotaxi plans. Read More Leadership clash derails Honda-Nissan ...

Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...

Although Denso is no longer in a net cash position, in fiscal 2023 net debt/EBITDA remained low at 0.2. Since 2012, the company has been able to self-fund its investments through its cash flow from ...

Now that that's out of the way, here's what we know. Reports are coming out of Asia this morning that at Nissan's behest, interestingly enough, merger talks with Honda will be suspended. The two ...

TOKYO — Nissan is set to call off merger talks with rival Honda, a source said Wednesday, abandoning a $60 billion-plus ...

Two of Japan’s largest automakers have been in talks to combine their operations to form one of the world’s biggest car ...

The biggest surprise of all is that the merger is not a new idea. According to a 2020 Financial Times report, Japanese government officials suggested a merger of the two automakers in 2019. At the ...