G-21VCE8Y34V

Honda-Nissan Deal Thrown Into Doubt

A Collapse of Deal Would Spell Trouble for Nissan

Nissan Chief Executive Makoto Uchida (left) and Honda President Toshihiro Mibe attend a joint news conference in Tokyo on March 15. (Kyodo News via AP)

[Stay on top of transportation news: Get TTNews in your inbox.]

Honda Motor Co. and Nissan Motor Co. called into question an agreement reached less than two months ago to consider combining, casting doubt on their efforts to form one of the world’s largest automakers.

The pair are discussing various options, including the possibility of withdrawing from deal talks, according to separate statements issued Feb. 5. The companies were responding to an earlier Nikkei newspaper report that said Nissan will pull out of an agreement with Honda because the two sides are unable to agree on terms.

A collapse of the discussi…

CONTINUE READING THE ARTICLE FROM Transport Topics HERE

Comments are closed, but trackbacks and pingbacks are open.