3 sources·Business

Honda and Nissan End Integration Talks Amid Profit Declines

Honda reports a 7% profit drop while Nissan's profit falls sharply, prompting the end of merger discussions between the two automakers.

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  1. Nissan and Honda End Merger Discussions

    The companies have been struggling in recent years.

    Nissan and Honda End Merger Discussions

    Epoch TimesEpoch Times·1M
    Mixed Reliable
    This source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.
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    Right
    This outlet favors right-wing views.
  2. Honda's nine-month profit down year-on-year as it ends talks with Nissan

    Japanese automaker Honda reported a 7% decline in profit for the nine months that ended in December on Thursday as it terminated talks on integrating its business with Nissan.

    Honda's nine-month profit down year-on-year as it ends talks with Nissan

    ABC NewsABC News·1M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
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    Center
    This outlet is balanced or reflects centrist views.
  3. Nissan projects an annual loss as it drops its talks with Japan rival Honda

    Nissan will try to achieve a turnaround without Honda, while being open to various options, and that a detailed plan will be outlined within a month.

    Nissan projects an annual loss as it drops its talks with Japan rival Honda

    Associated PressAssociated Press·1M
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  1. Epoch Times
  2. ABC News
  3. Associated Press
Feb 13th, 2025, 12:30 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

Honda has announced a 7% decline in profit for the nine months ending December 2024, totaling 805 billion yen, as it concluded integration talks with Nissan, which reported a drastic profit drop to 5.1 billion yen. Nissan stated its focus shifted to avoid becoming a Honda subsidiary, which was a significant factor in the termination of the talks. Both companies aim to continue collaboration on electric vehicles but are also cutting costs and jobs amid significant profit declines.

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