Nissan and Honda ditch $60 billion merger talks, face new uncertainty

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Nissan and Honda ditch $60 billion merger talks, face new uncertainty

^{Published on 2025-02-14 00:01:31 - Reuters}

Nissan and Honda ended merger talks to forge a $60 billion car company on Thursday, pitching Nissan deeper into uncertainty and highlighting the pressure on legacy automakers from Chinese rivals upending the industry.

Nissan and Honda are set to update their relationship in 2025, focusing on collaboration in electric vehicle (EV) technology and automotive intelligence following stalled merger talks. The companies aim to work together on EV components, software platforms, and related products to enhance their competitiveness in the rapidly evolving automotive market. This partnership comes after previous discussions about a potential merger did not progress, highlighting a strategic shift towards cooperation in key technological areas rather than a full corporate integration. The move is part of a broader industry trend where automakers are seeking alliances to share the high costs and risks associated with developing new technologies.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/nissan-honda-set-update-relationship-after-merger-talks-stall-2025-02-12/?utm=syndication ]

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