Nissan and Honda end $60bn merger talks

Both Japanese carmakers say they will continue to cooperate on electric vehicle technologyJapan’s Nissan and Honda have said that their boards have voted to end talks over a merger that would have created a $60bn (£48bn) auto group, but added that both companies would continue to cooperate in electric vehicles.A merger would have spawned the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai. Continue reading…