Nissan has ended merger discussions with Honda and is now open to working with new partners, including technology firms such as Foxconn

Nissan is open to working with new partners after merger talks with Honda foundered, two people familiar with its thinking said on Thursday, with Taiwan's Foxconn seen as one candidate. The struggling Japanese automaker is again at a crossroads after backing out of negotiations with bigger rival Honda to create the world's No.

The Nissan CEO has reportedly notified the Honda CEO about his decision to end merger talks. The $60 billion Honda and Nissan merger would create the world’s third-biggest automaker. Nissan is now looking for new partners,