Reported 2 days ago
Honda is prepared to revisit merger discussions with Nissan if CEO Makoto Uchida resigns, according to the Financial Times. Previous talks aimed at creating a $60 billion automotive giant collapsed, highlighting Nissan's struggles amidst declining sales and increasing competition from local rivals. While Uchida intends to remain until 2026, pressures are mounting for his exit as Nissan's board informally debates his timeline amid ongoing restructuring efforts.
Source: YAHOO