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.

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

Japan's Mitsubishi Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, sources told Reuters on Friday. Mitsubishi Motors plans to remain listed while continuing its cooperative relationship with both companies,