Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

We won't support this browser soon. For a better experience, we recommend using another browser. Learn More


Mitsubishi becomes part of Renault-Nissan Alliance

October 21, 2016, 11:19 AM IST by Abhishek Nigam
Mitsubishi becomes part of Renault-Nissan Alliance

It just might be good times ahead for the Japanese brand Mitsubishi as they are all set Carlos Ghosn will now be head of three major car companies. The deal, which makes Nissan the largest shareholder in Mitsubishi, is expected to lead to cost savings and higher profitability as the manufacturers work together, along with Nissan giving strategic and management support to the business.

Mr Ghosn will not be the only Nissan executive taking a role at Mitsubishi. Mitsuhiko Yamashita, Nissan's former R&D chief who joined Mitsubishi earlier this year, Hitoshi Kawaguchi, Nissan sustainability officer and head of global external affairs, and Hiroshi Karube, Nissan global controller and global asset manager, will also take board roles.

Carlos Ghosn also said, ‘Through this transaction, we're sending a clear message we believe in the underlying strength of Japanese car-making."

Ghosn also announced a number of other management changes, effective November 1, to allow him to continue to focus on maintaining Nissan’s momentum in delivering performance.

  • Mitsubishi
  • Renault-Nissan
  • FaceBook Logo
  • Twitter Logo
  • Email Logo
Show CommentsHide Comments
bell icon
Never miss an update
Receive latest updates from CarWale
  • Upcoming Cars

Tata Nexon EVTata Nexon EV

28th Jan 2020

15L - ₹ 17L
Mercedes-Benz GLE NewMercedes-Benz GLE New

29th Jan 2020

65L - ₹ 80L
Land Rover New Range Rover EvoqueLand Rover New Range Rover Evoque

30th Jan 2020

53L - ₹ 70L
Lexus LC 500hLexus LC 500h

31st Jan 2020

1.60Cr - ₹ 2Cr
Kia CarnivalKia Carnival

5th Feb 2020

25L - ₹ 27L
All Upcoming Cars
Buying a new Car?Ask the experts1800 2090 230(Toll free)

Select your city to avail offers

Currently available only in