I do regret it ended this way,” Honda president Toshihiro Mibe said after the merger talks broke down last week. That said, the takeover bid could be renewed if Uchida steps

The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.

Japanese auto giants Honda and Nissan confirmed they've scrapped merger talks announced in December​, ending a potential combination that would have created the world's third-largest automaker.