Nissan is participating in the integration report with Honda, spinning south

Japanese auto maker Nissan is back away from the merger talks with the competing Honda. I was able to integrate that it deserves More than 50 billion dollars.

In a sharp turn from a previous plan to integrate the troubled company under a new holding company, Honda suggested that Nissan be affiliated with it, Nikki reported for daily business and other local media on Wednesday.

Nikki said that “a strong opposition” inside Nissan for this proposal was behind her decision to withdraw from the talks. Tokyo -based TBS broadcaster published a similar report.

The newspaper added that the discussions about the establishment of a holding company were launched in December, but it stumbled with the two companies ’exhibitor on the percentage of integration and other conditions.

Nissan said in a statement that it had not officially announced anything, but the two companies “in the stage of providing various discussions, including the contents of the report.”

“We plan to create a trend and issue an advertisement around mid -February.”

Nissan’s shares fell by 4.8 % on the Tokyo Stock Exchange on Wednesday before TSA was traded, saying that media reports on the cancellation of integration must be verified.

Honda shares closed 8.2 % higher, after nearly 12 % rose at one point.

Nissan and Honda Agreed in December To start talks about joining the forces to create the third largest car manufacturer in the world-is seen as an attempt to catch Tesla and Chinese electric car companies.

Disputable times for Nissan

Honda CEO insisted at that time, it was not a rescue plan for Nissan, which last year announced thousands of cuts in jobs after reporting 93 % in net profit in the first half.

Work was difficult for foreign brands in China, as electric cars manufacturers such as BYD drive the road with the growth of the lowest polluted cars.

Nissan has survived a turbulent contract, including the arrest of former President Carlos Gosen, who jumped at the sponsorship and Japan escapes hidden in the music equipment box.

China exceeded Japan as the largest source of cars last year, with the help of government support for EVS.

Honda and Nissan are car manufacturers No. 2 and 3 in Japan after Toyota.

They already agreed last year to explore a partnership on EV programs and components among other technologies, an initiative joined by Mitsubishi Motors in August.

However, the head of the Microcal Company said this week that he will make a final decision regarding joining Honda Nissan’s inclusion talks in mid -February or later.

In December, reports stated that the Taiwanese giant Foxconn had approached Nissan without success to obtain the majority share.

According to Renault, it was asked to sell its 35 percent stake in April – a hunt that was suspended before the announcement of the merger talks.

Nissan survived a troubled contract, including the arrest of former director Carlos Ghosen for the year 2018, who later jumped on bail and fled from Japan hidden in the music equipment box.

The company is also burdened by billions of debts that will mature over the next two years.

© 2025 AFP