Honda, Nissan Decide Not To Merge After All
HuffPost
Nissan balked at becoming a minor player in the partnership with Honda, sources told Japanese media.
TOKYO (AP) — Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration.
Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda.
“The intent was to join forces to win in the global competition, but this was not going to realize Nissan’s potential, so I could not accept it,” he told reporters. He said that Nissan was going to aim for a turnaround without Honda instead.
Honda Chief Executive Toshihiro Mibe said in a separate news conference that Honda had suggested a stock swap to speed up decision-making.
“I am really disappointed,” Mibe told reporters. “I felt the potential was great, but I also knew actions that would bring pain were necessary to realize that.”
The fragile ceasefire's first phase is set to end in three weeks, but Israel and Hamas appear to have made little progress.
Lebanon is also still in the throes of a crippling economic crisis, now in its sixth year.
“I’m just saying if we had a legal right to do it, I would do it in a heartbeat,” Trump told reporters in the Oval Office.
The shooting erupted after many students had gone home following a national exam.
Luis Rubiales is accused of sexual assault for kissing forward Jenni Hermoso after Spain’s victory at the Women’s World Cup final in 2023.
Over 200 undersea quakes were recorded near the island over the past three days.
Donald Trump said this week that steep tariffs on America's neighbors may arrive this weekend.
Rubio's first stop on the five-nation tour Saturday will be Panama, whose president says there will be no negotiation with the U.S. over ownership of the canal.
It will be the fourth swap of hostages for prisoners since the ceasefire began last month.