Honda Motor Co. and Nissan Motor’s merger plans

Nissan Motor is backing out of the deal with Honda Motor Co to combine and regain global competitiveness following the inability of the two carmakers to reach a consensus after seven short but tumultuous weeks of talks. Nikkei newspaper…

Mitsubishi Motors Corporation won’t be a part of Honda Motor Co. and Nissan Motor’s plans to combine their companies under a holding company. The Yomiuri reported that the smaller carmaker, partly owned by Nissan, will instead focus on…