In a significant turn of events, Nissan has announced that it is pulling out of merger talks with Honda, which were aimed at creating a new automotive powerhouse. The discussions, initially promising, have reportedly fallen apart due to growing differences and a lack of speed in negotiations. Sources indicate that Nissan is now seeking new partners, including tech giant Foxconn, as it distances itself from the failed $58 billion merger with Honda. In light of these developments, both Nissan and Honda have seen fluctuations in their stock prices, with Honda stocks jumping amidst concerns over the halted negotiations. As Nissan explores new partnership opportunities, all eyes are on the potential next steps by Foxconn and other industry players.