By Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Japanese automakers Honda and Nissan may call off merger talks, the Asahi Shimbun newspaper reported on Wednesday, citing multiple sources, a move that would pitch hard-hit Nissan into greater uncertainty.

Though both automakers envisioned a partnership in which they could save money by jointly developing new cars and vehicle software as equals, Honda's latest move shows that it feels like it is carrying some of Nissan's weight,

Honda Motor Co. has sounded out Nissan Motor Co. about becoming its subsidiary, in what would be a major change to their current plan

TOKYO – Nissan Motor is prepared to reject an acquisition offer that would make it a subsidiary of Honda Motor, according to a person familiar with the matter, a move that could jeopardise talks between the two carmakers to join forces.

Honda and Nissan may halt merger talks amid industry shifts. The merger aimed to address threats from EV players like BYD. Issues arose due to differing visions: Honda wanting Nissan as a subsidiary,

The proposed merger between Honda and Nissan isn’t going quite as smoothly as planned. Both firms announced on Friday that they will only release details of their plans – originally slated to be revealed at

Japanese automakers Honda and Nissan may halt their merger discussions. This follows Honda's dissatisfaction with progress and hard-hit Nissan's reluctance. The merger aimed to counter threats from new electric vehicle entrants.

Makoto Uchida, Director, Representative Executive Officer, President and CEO of Nissan Motor Corporation and Toshihiro Mibe, Director, President and Representative Executive Officer of Honda, hold a joint press conference on their merger talks, in Tokyo, Japan, December 23, 2024. REUTERS/Kim Kyung-Hoon/File Photo

Boards of both manufacturers will meet separately in the near future to discuss potentially calling off the merger talks, report says