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International Business Times
International Business Times
Business

FOUND: What next for honda and nissan - You Need To See This

Nissan CEO Makoto Uchida (L) and Honda chief Toshihiro Mibe (R) has decided not to pursue a mega-merger (Credit: AFP)

Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit sales behind Toyota and Volkswagen.

Here are some key points about why the Japanese companies explored a tie-up, the reasons for their failure, and where this leaves them in a difficult global auto industry.

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