The reality is that Nissan would effectively become a subsidiary of Honda, something the company is finding hard to swallow.

Nissan looks set to step back from merger talks with rival Honda, two sources said on Wednesday, calling into question a $60 billion tie-up to create the world's no.3 automaker and potentially leaving ...

CEO Makoto Uchida has informed his counterpart at Honda (NYSE:HMC) of his intent to end merger talks after the latter proposed making Nissan a subsidiary, Japanese news agency Kyodo reported, citing a ...

Ending the exclusive discussions with Honda would let either party walk away without having to pay a hefty cancellation fee of JPY100 billion ($886 million).

Asian and European markets rose Thursday, tracking gains on Wall Street and following the US Postal Service's U-turn on a ban ...