Auto giants Honda, Nissan and Mitsubishi drop merger talks

Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are dropping their talks for business integration.The automakers agreed to end their agreement regarding the consideration of the structure for collaboration, their joint statement said.Honda Motor Co. and Nissan Motor Corp. announced in December that they were going to hold talks to set up a joint holding company. 3 Honda, Nissan and Mitsubishi are no longer discussing a business integration. REUTERSMitsubishi Motors Corp. had said it wa ...