Nissan and Honda End Merger Discussions

Nissan’s CEO said talks had shifted from establishing a joint holding company to making Nissan a subsidiary of Honda.

Nissan Chief Executive Makoto Uchida (L) and Honda Chief Executive Toshihiro Mibe (R) pose for photographers during a joint news conference in Tokyo on Dec. 23, 2024. Eugene Hoshiko/AP Photo

Automakers Honda and Nissan announced on Feb. 13 that they are no longer considering a merger.

Executives from the companies said in 2024 that they had signed a memorandum of understanding to explore full business integration through the creation of a publicly listed joint holding company, which would serve as the parent of both Nissan and Honda.