Several sources connected to the matter noted that the merger talks between Nissan and Honda could end, noting that the two automakers could not reach an amicable agreement. Both

There's strife of the horizon as Nissan vehemently opposes Honda's suggestion of making the struggling carmaker its subsidiary.

Last month, Reuters reported that Mitsubishi had already bowed out of the Nissan-Honda merger months ahead of its finalization. Mitsubishi, which holds a 24% stake in Nissan, had floated the possibility of joining the merger to further bolster the partnership and create the third largest automaking company in the world.