Nissan-Honda $60bn merger ‘basically over’, reports claim; UK interest rate cut expected – business live

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Nissan-Honda $60bn merger ‘basically over’, reports claim; UK interest rate cut expected – business live - short news

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Bank of England poised to cut interest rates amid UK economic gloom

The $60bn merger between Nissan and Honda to create the world’s third-largest carmaker looks on the brink of collapse this morning.

According to reports from Japan, Nissan CEO Makoto Uchida met with Honda CEO Toshihiro Mibe today, and explained that he wishes to terminate their merger discussions.

Nissan’s board is in favour of abandoning merger..

Read more on The Guardian

source: The Guardian - 06.02.2025