Summary
Honda and Nissan had been discussing a merger for several months, but ultimately failed to come to an agreement. The collapse of the deal means that both companies will continue to operate independently.
Key Points
The merger talks were called off due to disagreements over the terms of the deal.
Nissan was reportedly unhappy with Honda's proposal that it become a subsidiary.
The failed merger means that both companies will continue to compete in the automotive industry.
Why It Matters
The collapse of the Honda-Nissan merger highlights the challenges facing the automotive industry, including competition and regulatory hurdles.
Author
Sean O'Kane