The collapse of the proposed merger between Nissan and Honda opens the door for Foxconn to reenter the equation and resume its talks with Nissan. Foxconn, which among other things builds iPhones for Apple,

After shocking the auto industry and world by announcing a merger, the Honda-Nissan alliance blew up like a dying star. Since then it’s been drama, like watching a couple break up and get back together so many times you can’t keep it straight.

Less than two months after a potential merger was floated, Honda and Nissan have called the potential partnership off, forcing Nissan, which has been experiencing difficulties, to explore alternate collaborations.

Now that the Nissan-Honda merger has officially collapsed, details about why talks unraveled so quickly are emerging.We already knew Nissan's board balked at Honda's insistence it become a subsidiary,

Nissan (OTC:NSANY) is reportedly considering replacing CEO Makoto Uchida following the automakers declining performance and the collapse of merger talks with Honda (NYSE:HMC), according to Bloomberg.

The proposed merger between Honda and Nissan which hit the dust last week would have created the world’s fourth-biggest automaker. The shotgun marriage

Nissan was deep in trouble late last year when rival Honda offered a lifeline: a $60 billion tie-up that would help both Japanese automakers compete against the Chinese brands upending the car industry.

Nissan is readying a major executive shakeup, which may spell the end for its current CEO, Makoto Uchida, Bloomberg and Reuters report. The Yokohama-based automaker could be looking for a new CEO after merger negotiations failed with Honda a short time ago.