Nissan considers replacing CEO as merger with Honda fails: Report
Nissan Motor is reportedly considering replacement of CEO Makoto Uchida as the company's performance deteriorated and negotiations to merge with Honda Motor failed. Last month, the automakers called off merger negotiations to create a $60 billion car company after Honda offered to make Nissan a subsidiary. Shares of Nissan were up 3.7% in morning trade in Tokyo, outperforming Nikkei index.