Nissan Completes Acquisition Of 34% Stake In Mitsubishi Motors
Following an official announcement from Nissan in May regarding an alliance between itself and Mitsubishi Motors, the newly combined Japanese automakers have confirmed that Nissan has taken over a 34 percent equity stake in Mitsubishi. The move sees Mi
Following an official announcement from Nissan in May regarding an alliance between itself and Mitsubishi Motors, the newly combined Japanese automakers have confirmed that Nissan has taken over a 34 percent equity stake in Mitsubishi.
The move sees Mitsubishi Motors join the global alliance between Nissan and Renault, and with the addition of Mitsubishi the Alliance moves to one of the world’s top three automakers by volume.
Nissan and Mitsubishi have previously worked together on compact kei cars for the Japanese market, with Mitsubishi-built vehicles filling out the lower end of Nissan’s domestic range in Japan.
Alliance