Recently, the merger talks between Nissan and Honda have been the hottest topic burning rubber in the global auto industry. However, according to the latest buzz, this highly anticipated tie-up might be hitting the brakes and facing the risk of a breakdown.
According to insiders, the main snag in the merger talks is that the two sides can’t come to an agreement. Nissan is shooting for a merger on equal terms, but Honda wants to take the lead with a takeover approach. Honda has its reservations about Nissan’s progress with internal restructuring and revenue boosting plans, which only complicates the negotiations further.
Nissan has officially spoken out to squash the breakup buzz, making it clear that these rumors are not from the horse’s mouth. The final word on the negotiations is expected to drop soon, keeping everyone on their toes with the uncertainty. If the merger talks crash and burn, Nissan’s financial future could look pretty bleak; but if they manage to seal the deal, it’s going to be a legendary moment in automotive history.