Nissan’s April-December profit crashed to 5.1 billion yen, or $33 million, a tiny fraction of the 325 billion yen profit the Japanese automaker recorded the previous year.

Honda and Nissan announced Thursday they were terminating negotiations for a mega-merger that would have created the world's third-largest car company.

The talks on management integration between Honda Motor Co. and Nissan Motor Co. ended after only six weeks. This collapse of a major restructuring pl･･･