Honda-Nissan Merger Talks Fall Apart

Tokyo, Feb. 13 (Jiji Press)--Honda Motor Co. and Nissan Motor Co. formally decided at their respective board meetings Thursday to end their management integration talks, as Nissan rejected Honda's proposal to make it a wholly owned subsidiary. "We were not sure until the end how far Nissan's autonomy would be protected," Nissan President Makoto Uchida told a press conference in Yokohama, sou...

Honda-Nissan Merger Talks Fall Apart
Tokyo, Feb. 13 (Jiji Press)--Honda Motor Co. and Nissan Motor Co. formally decided at their respective board meetings Thursday to end their management integration talks, as Nissan rejected Honda's proposal to make it a wholly owned subsidiary. "We were not sure until the end how far Nissan's autonomy would be protected," Nissan President Makoto Uchida told a press conference in Yokohama, sou...