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10-20-2016, 02:39 PM
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#1 | | Witness protection
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| Nissan takes control of Mitsubishi with Ghosn as chairman
http://www.autoblog.com/2016/10/20/n...ally-official/  Quote:
After the company's announcement in May, the Nissan's purchase of a 34 percent stake in Mitsubishi is now official. The deal cost Nissan $2.3 billion, according to the Wall Street Journal, and brings Mitsubishi into the Nissan-Renault Alliance. The company explained that this new partnership will manifest itself in shared vehicle platforms and technology, joint purchasing, and shared manufacturing. Nissan also said that this purchase will make the company one of the three largest companies by volume in the world.
Nissan also emphasized that Mitsubishi will very much be a partner in the current alliance with Renault. In addition, Carlos Ghosn, CEO of both Nissan and Renault, has been nominated to be the new chairman of the Mitsubishi board. With Ghosn at the head of the board, current Mitsubishi president and CEO, Osamu Masuko, will remain in his positions but Nissan's current chief competitive officer will join Masuko as co-chief executive officer at Mitsubishi.
With these companies now working together, we'll probably start seeing more commonality between Nissan and Mitsubishi products here in the States. It would also be a great opportunity to get some of Mitsubishi's cooler products here. Perhaps Mitsubishi and Nissan will take our hint about the Delica.
This article has been revised to clarify that Nissan Motors purchased the stake in Mitsubishi, not the Nissan-Renault Alliance, and to add the value of the purchase.
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"The guy in the CR-V meanwhile, he'll give you a haughty glare. He's responsibly trying to lessen his impact, but there you go lumbering past him with your loud V8, flouting the new reality. You may as well go do some donuts in a strawberry patch and slalom through a litter of kittens." Dan Frio, Automotive Editor, Edmunds
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10-20-2016, 03:39 PM
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#2 | | Rs has made me the woman i am today!
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The only positive thing I can see coming out of this is Mitsubishi using an existing Nissan/Renault platform to bring the Colt Ralliart back, perhaps to North America.
Otherwise, don't have much hope for something Ghosn is leading...
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[13-03, 11:25] MG1 when you hit the brakes, it shoots cum at pedestrian - bukkake
[12-03, 19:06] meme405 That e30 is so mexiflushed I thought we were in albuquerque
[12-03, 23:03] rb when i see a modded element. I have nothing but respect. either the parents kicked him out or the guy is killing hookers in the back | |
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10-20-2016, 04:32 PM
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#3 | | Rs has made me the man i am today!
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It's funny how Nissan busted them for fuel economy and scoops them up after. It's like weakening a pokemon and using sleep before you catch em.
I always said Mitsu should be Japan's Jeep. Pajero Mini, Pajero, Outlander and a Delica line-up would be rad.
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10-20-2016, 04:45 PM
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#4 |
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new mitsubishi gto with gtr drivetrain and engine pls
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Originally Posted by jasonturbo  Too bad it isn't about flipping cars to lose money, I'm really good at that. | Quote:
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Originally Posted by westopher I'd probably blow someone for that 911 | | |
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10-20-2016, 05:12 PM
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#5 | | I contribute to threads in the offtopic forum
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I honestly believe Mitsubishi lost the passion to build cars when they decided to axe the EVO... The Lancer design has been out for 10 years with a very subtle face lift for 2016  The mirage is utterly the worst car ever built in the past decade and nothing else from Mitsubishi offers much value when compared to their competitors.
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10-20-2016, 05:40 PM
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#6 | | RS has made me the bitter person i am today!
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Can't wait for 2018 EVO GT-R.  
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Nothing for now
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10-20-2016, 06:07 PM
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#7 | | Witness protection
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so many of the smaller japanese car companies are hurting right now... i'm wondering if suzuki is going to be next. or maybe mazda. they may look like they are doing good but as a company on a global scale they are not doing enough to be significantly profitable since losing ford as a partner.
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"The guy in the CR-V meanwhile, he'll give you a haughty glare. He's responsibly trying to lessen his impact, but there you go lumbering past him with your loud V8, flouting the new reality. You may as well go do some donuts in a strawberry patch and slalom through a litter of kittens." Dan Frio, Automotive Editor, Edmunds
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10-20-2016, 08:40 PM
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#8 | | I WANT MY 10 YEARS BACK FROM RS.net!
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you will see this with Mitsubishi emblems in Mitsubishi dealership  | |
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10-20-2016, 08:53 PM
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#9 | | Willing to sell body for a few minutes on RS
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Originally Posted by asian_XL you will see this with Mitsubishi emblems in Mitsubishi dealership | My fiance wants one of these. Can't say I like the looks, but I don't think I'd mind occassionally driving a NISMO version with a 6 speed.
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10-20-2016, 09:45 PM
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#10 | | Rs has made me the woman i am today!
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mirca x mirage 
__________________ There's a phallic symbol infront of my car Quote: |
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dapperfied yraisis
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FastAnna i really cant
FastAnna yray i cant stand you
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10-20-2016, 10:49 PM
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#11 | | MiX iT Up!
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Mirage EV.... under 15k?
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Make the effort and take the risk..
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10-20-2016, 11:50 PM
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#12 | | I WANT MY 10 YEARS BACK FROM RS.net!
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| Quote:
Originally Posted by SpeedStars I honestly believe Mitsubishi lost the passion to build cars when they decided to axe the EVO... The Lancer design has been out for 10 years with a very subtle face lift for 2016 The mirage is utterly the worst car ever built in the past decade and nothing else from Mitsubishi offers much value when compared to their competitors. | built better, backed better! 
wow I still remember when the Concept X came out it looked badass. We were lucky to get the production version ressembling it for the most part
in their defense, the design has aged so well even Subaru copied it | |
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10-20-2016, 11:58 PM
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#13 | | Willing to sell body for a few minutes on RS
Join Date: Aug 2004 Location: Duncan, BC
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My neighbour has that STI (in WRB), makes my BMW look like shit ...  | |
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