Nissan to buy into Mitsubishi

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terryc

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Even before news broke in April that Mitsubishi Motors had been playing fast and loose with Japanese regulators over fuel economy tests, the company had been struggling to compete in its domestic market and was on life support here in the US. Nissan, on the other hand, has been doing quite well, and on Thursday it announced that the two companies will form a strategic alliance, sharing platforms, technology, and administration. Nissan will also buy 34 percent of Mitsubishi Motors for $2.2 billion (¥237 billion), paid for with profits that are up 14 percent year-on-year...

http://arstechnica.com/cars/2016/05...-mitsubishi-enters-into-a-strategic-alliance/

Not sure if it will mean anything for future builds.
 
there is no Nissan nowadays its Renault-Nissan basically, they have been owned by renault since 2000 or something. gives out a pretty good idea why they stopped making good cars like Almera and went to building Nissan Juke ( Joke) atm
 
there is no Nissan nowadays its Renault-Nissan basically, they have been owned by renault since 2000 or something. gives out a pretty good idea why they stopped making good cars like Almera and went to building Nissan Juke ( Joke) atm

Yip, its also funny how some of these European car makers, renault as one of many examples have done a great job of convincing australia about their style and reliability. style , yes, if thats what you like, some do some dont.
Reliability, haha, you see very few cars in europe with high ks that are french/Italian made, unless they have spend alot of time in the workshop.
Cars like Fiat, they plummet in value after a few years because everyone knows whats on the way .
 
Reliability, haha, you see very few cars in europe with high ks that are french/Italian made, unless they have spend alot of time in the workshop.
Cars like Fiat, they plummet in value after a few years because everyone knows whats on the way .[/QUOTE]

FIAT used to mean "Fix It Again, Toni!"
 
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