Nissan takes a stake in Mitsubishi Motors

Nissan and Mitsubishi, longtime rivals, are forming a strategic alliance
Mitsubishi graph

Rivals Nissan and Mitsubishi announced a strategic alliance last week, with news that Nissan has agreed to take a 34 per cent equity stake in Mitsubishi Motors for 237 billion yen (€1.95 billion).

“This is a breakthrough transaction and a win-win for both Nissan and Mitsubishi Motors. It creates a dynamic new force in the ...