Honda and Nissan, it turns out, have irreconcilable differences. 2/13/25 Update: The merger idea is dead. Honda and Nissan have officially called off merger talks after failing to agree on the role Nissan would play in the proposed company.

Honda proposed changing the structure of the intended merger from a joint holding company, as agreed initially, to a deal with Honda as the parent company and Nissan its subsidiary through a share exchange. Both companies concluded eventually that it was best to “cease discussions,” the statement added.

The merger, expected to promise a net worth of around $80 billion AUD, is over – but the brands will continue to work together on the electric project confirmed last year