Honda, Nissan end merger talks, scuttling $60bn deal | Automotive Industry News
The potential tie-up would have created the world’s third-largest automaker, rivaling US and Chinese companies. Japan’s second and third-largest automakers, Honda and Nissan, have announced that their boards had voted to end talks to merge, even as they pledged to continue their cooperation on electric vehicles amid intensifying global competition. Thursday’s announcement brings to an…