Nissan CEO Makoto Uchida has ended merger talks with Honda, citing a proposal to make Nissan a subsidiary as a major point of contention. A source close to the matter confirms that talks will cease due to growing differences between the two automakers. The decision comes despite initial plans to finalize a future direction by mid-February.
Source: https://www.reuters.com/markets/deals/nissan-ceo-uchida-tells-honda-ceo-mibe-he-wants-terminate-merger-talks-asahi-2025-02-06