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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

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Kez Casey

Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.

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