Honda Asks Nissan to Become Subsidiary
Tokyo, Feb. 4 (Jiji Press)--Honda Motor Co. has proposed a plan to buy shares in Nissan Motor Co. to make it a subsidiary, people familiar with the matter said Tuesday. Honda apparently aims to increase its involvement in Nissan's management to help accelerate its turnaround efforts. It is, however, unclear whether the proposal will be accepted by Nissan, which is strongly opposed to Hond...
Tomas Kauer - News Moderator 
Tokyo, Feb. 4 (Jiji Press)--Honda Motor Co. has proposed a plan to buy shares in Nissan Motor Co. to make it a subsidiary, people familiar with the matter said Tuesday. Honda apparently aims to increase its involvement in Nissan's management to help accelerate its turnaround efforts. It is, however, unclear whether the proposal will be accepted by Nissan, which is strongly opposed to Hond...
