Honda and Nissan say merger talks called off

The firms said in a joint statement that they "agreed to terminate the MOU (memorandum of understanding) signed on December 23 last year for consideration of a business integration between the two companies".

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This combination of pictures created on February 13, 2025 shows the logo of Honda Motor (L) taken on February 6, 2025 at the company's showroom in Tokyo and the logo of Nissan Motor (R) being displayed at the company's showroom in Tokyo on February 13, 2025. (AFP)
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Tokyo, Japan | AFP

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped