<ul><li>The CEO of Toyota, Akio Toyoda, expressed disappointment with the failed merger discussions between Honda and Nissan.</li><li>The joint press conference between the two companies did not focus on product details, and instead, used buzzwords like 'synergies' and 'business integration.'</li><li>Toyoda raised doubts about the benefits of consolidation and highlighted that having volume does not necessarily make a company strong.</li><li>He emphasized that managing production and sales at a scale of 10 million cars annually becomes troublesome.</li></ul>

Why Toyota Was Disappointed by the Honda-Nissan Merger Talks

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