Nissan acquires 34% equity stake in Mitsubishi Motors
Nissan Motor Co., Ltd., (“Nissan”) today completed its acquisition of a 34% equity stake in Mitsubishi Motors (“MMC”) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the world’s top three automotive groups by global volumes, with sales of 10 million units[Read More…]