Nissan CEO's days could be numbered after Honda fallout

A new report alleges he could be fired very soon.

Mar 2, 2025 - 02:44
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Nissan CEO's days could be numbered after Honda fallout

On February 13, Honda  (HMC)  CEO Toshihiro Mibe announced that the automakers' merger discussions with fellow Japanese rival Nissan  (NSANY)  fell apart just two months after they began.

In a joint statement released the same day, Honda acknowledged that it proposed to divert from its original intention of forming a joint holding company to one where "Honda would be the parent company and Nissan the subsidiary through a share exchange."