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Toyota Contacted Nissan After Honda Merger Failed: Report

  • Nissan and Honda signed an MOU for a potential merger, which was later called off mainly due to Nissan's opposition to becoming a Honda subsidiary.
  • Toyota reportedly contacted Nissan for a possible partnership after the failed merger with Honda, according to Japan's Mainichi Shimbun national newspaper.
  • Toyota, already holding shares in other Japanese automakers, including Subaru and Mazda, is reviewing the report on the alleged discussions with Nissan.
  • Nissan, focusing on product launches, cost-cutting measures, and collaborations, aims to stabilize internally and recover from past strategic challenges.

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