Nissan and Honda boards both vote to end merger talks, sources say

Nissan and Honda have decided to end their merger talks, which began in late December, due to challenges from rapid growth of Chinese electric-vehicle makers and potential US tariffs. Their proposed $60 billion merger would have created the fourth-largest auto group by sales. Both companies will report quarterly earnings later today.

from Auto-Industry-Economic Times https://ift.tt/zbdkZAm