Mitsubishi Motors Likely to Opt Out of Nissan-Honda Merger Talks

The automaker, partly owned by Nissan, is reportedly focusing on expanding its market share in Southeast Asia instead of joining the proposed holding company.

• Mitsubishi Motors is reportedly considering not joining the planned merger between Nissan and Honda, according to sources and media reports.
• The merger aims to create a holding company by 2026, potentially forming the world's third-largest auto group with an annual output of 7.4 million vehicles.
• Mitsubishi, in which Nissan holds a 24% stake, is concerned about its ability to influence decisions within the proposed holding company due to its smaller size.
• The company plans to maintain its current structure and focus on strengthening its presence in the Southeast Asian market.
• Mitsubishi has not made a final decision or formal announcement, stating it is still evaluating its options regarding the integration framework.

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The Japan Times CNA