Honda, Nissan Drop Talks to Combine, Pledge to Collaborate
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Honda Motor Co. and Nissan Motor Co. formally ended negotiations to combine, bringing to a swift end a partnership that in theory would have created one of the world’s biggest automakers.
Although plans to unite both brands under a holding company are dead, the two said Thursday that they will continue their strategic partnership with Mitsubishi Motors Corp. and collaborate on the in-house development of batteries, autonomous driving, software and electric vehicle technology.