The Nissan-Honda merger saga continues with a new episode that takes an interesting twist. Although an official announcement has yet to be made, multiple reports have stated that the plan to form a new holding company has been scrapped. Reuters cites people familiar with the matter as claiming Nissan CEO Makoto Uchida has already informed his Honda counterpart, Toshihiro Mibe, that he is ending negotiations regarding the much-debated merger.
