Despite reports that Mitsubishi would not be a part of the Honda-Nissan merger, officially no decision has been made

Mitsubishi Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, the Yomiuri online said on Friday. The report came after Nissan and Honda last year said they would begin formal talks on the merger that could potentially create the world's third-largest auto group.

The potential merger could form the world's third-largest auto group with an annual production of 7.4 million vehicles.

Sources revealed on Friday that Mitsubishi Motors, a junior partner of Nissan and Honda, is considering not joining a planned merger between the two Japanese automakers. While Mitsubishi will maintain its cooperative ties with both companies, it plans to remain independent and listed, according to insiders who spoke on condition of anonymity.

As Honda and Nissan negotiate the terms of a possible merger, we take a speculative look at what new vehicles could spawn from the unprecedented collaboration.

Comment Now! Mitsubishi has been invited to join a planned merger between Honda and Nissan, though the automaker is reportedly considering t

Mitsubishi is thought to be concerned about its management freedom, as the future of Nissan’s management restructuring is not clear.