The merger talks between Nissan and Honda remained fruitless. According to information from Japan, Nissan CEO Makoto Uchida, Honda CEO Toshihiro Mibe’ye reported that the termination of partnership negotiations. Accordingly, the goal of creating the world’s third largest automobile manufacturer has been on the shelf.

Nissan, who was canceled with Honda, turned the route to the USA

Nissan does not slow down in search of shaping his future. According to Bloomberg, the company is now cooperating with a US -based technology company. This change came after Nissan suspended his previous talks with Foxconn. Foxconn was interested in having a share in Nissan’s greatest shareholder Renault.

The end of the negotiations with Honda, the uncertainties about the structure of the agreement was effective. Allegedly, Honda wanted to make Nissan a subsidiary and this was criticized by the board of directors.

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It was announced that the negotiations would not continue if Nissan does not accept to be a part of Honda. It is not surprising that the company has given up its planning plan with Honda and turns to a technology -oriented partnership.

Nissan, who wants to secure the long -term future of the company, announced the plans to dismiss 9,000 employees due to financial pressures and reduce their global production capacity by 20 percent. Accordingly, the managers claimed that the company was ki 12 to 14 months to survive ”.

Nissan is expected to announce his intention to withdraw from the partnership he signed with Honda before explaining the third quarter results. This will allow him to avoid $ 655 million in the agreement.