New Delhi, Dec 18 (PTI) Japanese automakers Nissan, Honda, and Mitsubishi are considering various possibilities for future collaboration but no decision has been made so far, according to a Nissan spokesperson.

"The content of the reports that Honda, Nissan and MMC (Mitsubishi) are considering a business integration is not based on an announcement from our company," the spokesperson said in a statement.

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As announced in March and August this year, Nissan, Honda, and Mitsubishi are considering various possibilities for future collaboration but no decision has been made, the spokesperson said.

Honda and Nissan, which have sizable presence in the Indian market, are in talks to come together amid stiff competition.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)