According to a report in the Financial Times, unnamed sources close to Honda said that the automaker would be willing to resume talks only if Nissan CEO Makoto Uchida stepped down and retired. Last Tuesday, the Financial Times reported Honda CEO Toshihiro Mibe’s relationship with Uchida had deteriorated after Honda’s boss finally understood the depth and breadth of the company’s financial mismanagement. Then, another twist.
My personal thought: Nissan’s Board of Directors will boot him if they think this merger is crucial.
Sounds like he made poor choices, got Nissan into financial troubles and somehow thinks he’s negotiating on even footing with the much larger and healthier manufacturer Honda.
Damn dude, I should’ve started with an ELI3.5 or requested a TL’DR.