Nissan completes 34% stake in Mitsubishi Motors; Mitsubishi joins Renault-Nissan Alliance
Green Car Congress
OCTOBER 20, 2016
Nissan Motor Co., has completed an acquisition of a 34% equity stake in Mitsubishi Motors (MMC) ( earlier post ) and has become its largest shareholder. 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 in fiscal year 2016.
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