Honda fail forces Nissan into horror call

News.com.au - 06/02
A breakdown in merger negotiations between Nissan and Honda could lead to the very situation Nissan was trying to avoid - being taken over by a Taiwanese smartphone builder.

A breakdown in merger negotiations between Nissan and Honda could lead to the very situation Nissan was trying to avoid - being taken over by a Taiwanese smartphone builder.

The Japanese giants announced intention to merge in December following a difficult period for Nissan, which already promised to slash costs, jobs, and production levels to stave off bankruptcy.

A deal with Honda was seen to be preferable to several alternatives, including a takeover by Taiwanese electronics giant Foxconn, ...
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