Loss of Mirage is going to hit Mitsubishi hard but it has new products coming, including its first EV for the US since the i-MiEV

Nissan is the biggest stakeholder in Mitsubishi Motors, though the former announced in November it would sell part of its 34 per cent stake in the latter – specifically 149 mill

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

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

Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- pose for photos after attending a joint press conference in Tokyo on Dec.