CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Nissan Completes Acquisition of 34% stake in Mitsubishi Motors

Nissan Completes Acquisition of 34% stake in Mitsubishi Motors

October 21, 2016 By CollisionWeek Editor

Enlarged Alliance ranks among top three global automotive groups.

Nissan Motor Co., Ltd. announced yesterday its completed its acquisition of a 34 percent equity stake in Mitsubishi Motors (MMC) that was announced in May and became its largest shareholder.

Nissan Mitsubishi logos

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 in fiscal year 2016.

Nissan Chairman and Chief Executive Officer Carlos Ghosn announced that Nissan and MMC would collaborate on joint purchasing, deeper

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Acquisitions, Mitsubishi, Nissan

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • BASF Reported to Start Process to Sell Coatings Business June 2, 2025
  • Wren’s Collision Groups Acquires Repair Facilities in Georgia and Alabama June 2, 2025
  • PGW Auto Glass Acquires 13 Dakotaland Autoglass Locations June 2, 2025
  • University of the Aftermarket Foundation Thanks Over 100 Volunteer Scholarship Reviewers June 2, 2025
  • Joe Ocello Named Executive Director AASP/NJ Mechanical Division June 2, 2025
  • Consumer Sentiment Unchanged in May May 30, 2025
  • CARSTAR Adds Collision Repair Center to Network in Billings, Montana May 30, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in