Nissan Motor Co. is pulling out of its deal with Honda Motor Co. to combine both brands and regain global competitiveness, the Nikkei newspaper reported Wednesday.The pair had been negotiating the ...
TOKYO - Local governments across Japan have been conducting emergency inspections of sewage systems following the emergence of a sinkhole in Yashio, Saitama prefecture.
Honda, Japan's second-largest carmaker, and Nissan, the third-largest, had announced last year that they were in talks to merge, which would have marked a significant shift in an industry.
Honda, with a market value nearly five times bigger than Nissan, is increasingly worried about its smaller rival’s progress in its turnaround plan, said the other person. Japan’s Asahi Shimbun ...