Nissan's Japanese manufacturer recedes from the Honda Competitors. According to estimates, the merger is worth More than 50 billion dollars.
In a sharp turn from the previous plan to integrate a company that fights the new holding company, Honda has suggested making Nissan with her subsidiary, reports Nikkei Business Daily and other local media.
The “strong opposition” under this proposal was following the decision to get out of the talks, Nikki said. A similar report published a similar report based on Tokyo.
Discussions on the creation of the holding company were launched in December, but confused because both companies disagreed with the integration rate and other conditions, the newspaper added.
The Nissan said in a statement that he officially announced nothing, but both companies “are in the stage of promoting various discussions, including the content of the report.”
“We plan to set a direction and report on mid -February.”
On Wednesday, the Nissan Tokyo Stock Exchange plunged 4.8%before TSA rejected their trade, saying that the confluence of merge should be checked.
Honda shares closed 8.2% higher, and almost 12% increased at one point.
Nissan and Honda agreed in December To start negotiations on the unification of forces, to create the third largest automaker in the world-viewed application for catching TESLA and Chinese electric vehicles.
Stormy times for Nissan
Honda CEO insisted that at the time it was not a rescue service for Nissan, which last year announced thousands of job cuts after notice about 93% immersion in the first half net income.
The business was tough for foreign brands in China, where electric vehicles such as byd are leading as the demand increases for less pollutants.
Nissan has withstood a tumultuous decade, including the arrest of former boss Carlos Gosnia in 2018, which later jumped on bail and Escaped Japan, hidden in a box of musical equipment.
China overtook Japan as the largest car exporter last year, with the help of government support EVS.
Honda and Nissan – Japanese automakers № 2 and 3 after Toyota.
Last year, they already agreed to study EV software partnerships and components among other technology initiative, which was joined by Mitsubishi Motors in August.
But this week the smaller carmaker said he would come to the final decision on whether to negotiate the merger of Honda-Nissan in mid-February or later.
In December, the report said the Taiwanese electronics hippople Foxkon unsuccessfully addressed Nissan to acquire most of the share.
He then reportedly asked Renault to sell his 35 percent share in Nissan – the persecution that was stopped before the merger talks were announced.
Nissan has withstood a tumultuous decade, including the arrest of the former boss Carlos Gosn, who later jumped on bail and escaped Japan, hidden in a box of musical equipment.
The company is also broken by billions of dollars of debt, which will be reported to be singing over the next two years.
© 2025 AFP