Nissan ends merger talks with Honda and explores new alliances, including with technology companies.
Japanese automaker Nissan finds itself at a crossroads after ending merger negotiations with Honda. According to sources close to the matter, the company is now looking to establish new partnerships, and the Taiwanese group Foxconn is among the potential candidates.
Nissan, seeking to modernize, is now considering alliances with technology companies to better adapt to market challenges. Among the options under consideration is Foxconn, world leader in electronics and manufacturer of Apple's iPhones. Nissan is expected to make its withdrawal from these discussions official at a board meeting scheduled before the announcement of its third-quarter results. For its part, Honda is maintaining its position: integration is only conceivable if Nissan agrees to become a subsidiary, according to NHK, Japan's public television station.
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