Mitsubishi President Takao Kato is considering joining the business integration talks between Honda and Nissan.

The Honda-Nissan merger looks increasingly inevitable. The situation has come together rapidly. Reports in late November indicated the automaker only had a year’s worth of money to survive. The company was looking for a major investor to keep things going,

In a bold move to counter declining sales and mounting competition from Chinese automakers, Honda, Nissan, and Mitsubishi are in discussions to form a three-way merger. If finalized, the partnership will create the world’s third-largest carmaker, trailing only Toyota and Volkswagen in annual sales.