The planned merger between Honda and Nissan, which would have joined two of Japan’s biggest carmakers, is falling apart over who gets to be in charge. Honda wanted to take control of Nissan – something Nissan wasn’t ready to accept. This matters because both companies are racing to catch up in making electric cars, where Chinese companies like BYD are pulling ahead. Together, Honda and Nissan make about 10 million cars each year. Working together could have helped them share resources and technology to compete with Tesla and other electric vehicle makers. The stock market showed what people think about … Continue reading Honda-Nissan Merger Collapses; Stocks React Sharply