Honda And Nissan Call Off Merger Talks But Will Continue To Collaborate On EVs Under ‘Strategic Partnership'
1. Honda and Nissan called off merger talks due to structural disagreements. 2. Honda's new proposal suggested Nissan become a subsidiary, opposed by Nissan. 3. Despite canceling, both companies plan to collaborate on electric vehicles. 4. Honda's stock rose 2.14% post-announcement; Nissan's fell 0.35%. 5. Mitsubishi also ended its collaboration discussions with Honda and Nissan.