<h1>Honda, Nissan, and Mitsubishi End Integration Talks; Nissan Rejects Subsidiary Plan, Opts for Independent Strategy.</h1> Japanese automakers Honda, Nissan, and Mitsubishi have ended discussions on integrating their businesses. Initially aimed at forming a joint holding company, talks shifted towards making Nissan a subsidiary of Honda, which Nissan's CEO rejected, preferring an independent turnaround strategy. Honda's CEO expressed disappointment, noting the potential benefits of integration. The companies will continue collaborating on electric and smart vehicles. Media speculated on the breakdown of talks, with some suggesting Nissan's reluctance to become a minor partner. Financially, Honda is stronger, while Nissan faces significant losses and restructuring challenges. Both companies denied any talks with Taiwan's Foxconn regarding stakes in Nissan.