AsianFin -- Nissan is reportedly considering ending its merger discussions with Honda, according to a source familiar with the matter. The company's board is expected to convene soon to make a final decision on the matter.
Last year, Honda, Japan's second-largest automaker, and Nissan, the third-largest, announced they were exploring a merger to form the world's third-largest car manufacturer by sales. The proposed alliance aimed to strengthen their position in an industry increasingly challenged by Chinese EV giant BYD and other emerging electric vehicle competitors.
The talks have become more complicated due to increasing differences on both sides, according to two sources familiar with the situation, who requested anonymity as they were not authorized to speak to the media.
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