<h1>Honda, Nissan, and Mitsubishi Halt Business Integration Plans; Continue Collaboration on Electric and Smart Vehicles</h1> Japanese automakers Honda, Nissan, and Mitsubishi have ended discussions on business integration. Talks initially aimed at forming a joint holding company shifted towards making Nissan a subsidiary of Honda, which Nissan's CEO rejected, opting instead for an independent turnaround. Honda's CEO expressed disappointment, citing the need for painful actions to realize potential benefits. The companies will continue collaborating on electric and smart vehicles despite overlapping strengths and industry challenges from newcomers like Tesla. Media speculated on the breakdown, with reports of Nissan's reluctance to become a minor partner. Honda remains financially stronger, while Nissan faces financial struggles.