Japans Mitsubishi Motors (OTC:MMTOF), a key partner of Nissan (OTC:NSANY), may opt out of the proposed merger between Nissan and Honda (NYSE:HMC), sources revealed on Friday. The merger, aimed at creating the

Mitsubishi Motors hasn’t made any announcements and is considering all options, a spokesperson for the company said.

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,

Shares in Japanese automaker Mitsubishi Motors plunged nearly nine percent Friday after a report said it might not join a planned merger between industry giants Honda and Nissan.