Since the dramatic downfall of “Cost Killer” chief executive Carlos Ghosn in 2018, Japan’s Nissan Motor Co. has labored with weak sales and an outdated model lineup.

Talks between Honda Motor and Nissan Motor for a potential merger, a multi-billion deal that would have resulted in the creation of the world's fourth largest automaker in terms of vehicle units sold,

Honda and Nissan have been in talks for quite sometime of a potential merge, but it looks like that's not going to happen. Here's what you need to know.