TOKYO (AP) — Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are dropping their talks for a business integration.

TOKYO (AP) — Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are dropping their talks for a business integration.

However, the three automakers will continue to work together on electric vehicles and smart cars, such as autonomous driving

Honda and Nissan have abandoned their $60bn merger talks, deepening Nissan’s struggles as competition from Chinese EV makers grows.

Nissan had bristled at proposal to turn it into a Honda subsidiary

Nissan and Honda have announced an end to their merger negotiations but will continue working together on electric vehicle technology.

Both Japanese carmakers say they will continue to cooperate on electric vehicle technology

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker...