Based on your feedback, here is the title Honda, Nissan End Merger Talks No Joint Holding Co. The merger dreams between Japanese auto giants Honda and Nissan have come to an end. The companies announced on Thursday that they had terminated their merger talks, which were initiated in December. What Led to the Deal's Demise? According to a joint statement, Honda proposed changing the structure of the potential partnership from a joint holding company to a parent-subsidiary arrangement, with Honda as the parent and Nissan as the subsidiary. This proposal reportedly did not sit well with Nissan, leading to the termination of talks. What Were the Merger Plans All About? The intended merger was seen as a move by Honda and Nissan to strengthen their position in the electric vehicle market, where US-based Tesla and Chinese firms are major players. The combined entity would have been the world's third-largest automaker. A Strategic Partnership Remains Although the merger talks have ended, Honda and Nissan will continue to collaborate on certain projects within a strategic partnership framework aimed at creating new value and maximizing corporate value for both companies. No Impact on Earnings The cancellation of the merger talks is not expected to have any impact on the earnings of either Honda or Nissan. Honda did release its financial results for the nine months to December, showing a net profit of 805.3 billion yen ($5.2 billion), a 7.4% decline on-year. A Glimpse into Honda's Financials Honda reported overall sales increased 8.9% to 16.3 trillion yen, despite a decline in sales in China. The company made a slight change in its sales forecast for the full year to March, to 21.6 trillion yen from 21.0 trillion yen in the previous estimate, but kept its operating and net profit forecasts at 1.42 trillion yen and 950 billion yen, respectively. Conclusion The termination of merger talks between Honda and Nissan marks a significant development in the automotive industry. While the companies will continue to collaborate on certain projects, the cancellation of the merger sends a message about the challenges of integrating two major players in the market. As the world moves towards electrification and intelligence, we can expect more partnerships and collaborations in the auto sector. Changes made Improved tone The original text had a somewhat casual tone, which I polished to make it more professional. Grammar and punctuation I corrected any grammatical errors or awkward phrasing. Readability I reorganized some of the sentences to improve flow and clarity.

Based on your feedback, here is the title Honda, Nissan End Merger Talks No Joint Holding Co. The merger dreams between Japanese auto giants Honda and Nissan have come to an end. The companies announced on Thursday that they had terminated their merger talks, which were initiated in December. What Led to the Deal's Demise? According to a joint statement, Honda proposed changing the structure of the potential partnership from a joint holding company to a parent-subsidiary arrangement, with Honda as the parent and Nissan as the subsidiary. This proposal reportedly did not sit well with Nissan, leading to the termination of talks. What Were the Merger Plans All About? The intended merger was seen as a move by Honda and Nissan to strengthen their position in the electric vehicle market, where US-based Tesla and Chinese firms are major players. The combined entity would have been the world's third-largest automaker. A Strategic Partnership Remains Although the merger talks have ended, Honda and Nissan will continue to collaborate on certain projects within a strategic partnership framework aimed at creating new value and maximizing corporate value for both companies. No Impact on Earnings The cancellation of the merger talks is not expected to have any impact on the earnings of either Honda or Nissan. Honda did release its financial results for the nine months to December, showing a net profit of 805.3 billion yen ($5.2 billion), a 7.4% decline on-year. A Glimpse into Honda's Financials Honda reported overall sales increased 8.9% to 16.3 trillion yen, despite a decline in sales in China. The company made a slight change in its sales forecast for the full year to March, to 21.6 trillion yen from 21.0 trillion yen in the previous estimate, but kept its operating and net profit forecasts at 1.42 trillion yen and 950 billion yen, respectively. Conclusion The termination of merger talks between Honda and Nissan marks a significant development in the automotive industry. While the companies will continue to collaborate on certain projects, the cancellation of the merger sends a message about the challenges of integrating two major players in the market. As the world moves towards electrification and intelligence, we can expect more partnerships and collaborations in the auto sector. Changes made Improved tone The original text had a somewhat casual tone, which I polished to make it more professional. Grammar and punctuation I corrected any grammatical errors or awkward phrasing. Readability I reorganized some of the sentences to improve flow and clarity.