The Honda-Nissan on-again, off-again, on-again merger is the international automotive saga that keeps on giving. Now there's another twist.

According to various reports, Honda wants to take the lead with the merger deal after the two were to form a joint holding company. The Big H would become the leader in said holding company with Nissan being reduced to a subsidiary of Honda.

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,