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Mitsubishi Motors, Foxconn Come Together To Develop Electric Cars
Mitsubishi Motors and Foxtron Vehicle Technologies said they had signed a memorandum of understanding and would "proceed with discussions towards a definitive agreement".
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Honda Crafts Nissan Rescue Plan That Plays Out Over Years
While their executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors. Nissan’s partner Mitsubishi Motors may also participate in the deal.
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Honda, Nissan Aim to Merge in 2026 as Talks Kick Off: Reports
The presidents of Honda, Nissan and Mitsubishi Motor — Nissan’s junior partner — were seen entering and leaving Japan’s transportation ministry on Monday morning, likely to inform officials of their plans to formally kick off merger talks.
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Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
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Wataru Nakano Named President & MD Isuzu Motors India; Company Makes Two More Top Level Appointments
Isuzu Motors has made three top management changes in India. While Wataru Nakano has been appointed as President and MD, Toru Kishimoto, from Mitsubishi Corp. and Rajesh Mittal from UD Trucks Corp., have been appointed in two top level management roles.
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Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
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Mitsubishi Motors Will Procure Two Models Produced By Groupe Renault From 2023
A model mix of the newly launched Mitsubishi Eclipse Cross PHEV and the Renault-developed sister models will enable Mitsubishi Motors to be more competitive in the market.
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Mitsubishi Motors Begins Overseas Production Of Outlander PHEV In Thailand
The company aims to raise the proportion of electric vehicles to 50 per cent in the total sales by 2030 in a bid to contribute to an environment-friendly solution.
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Nissan Says 'Absolutely Not' In Talks About Mitsubishi Stake Sale
Nissan Motor Co is "absolutely not" in talks to sell its stake Mitsubishi Motors Corp, Nissan's chief operating officer said on Monday, following a report the carmaker was considering pulling out of its alliance partner.
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Nissan Explores Possible Sale Of 34% Stake In Mitsubishi Motors: Report
Nissan Motor Co may sell its 34% stake in Mitsubishi Motors Corp in what would be a fundamental change in a three-way alliance that also includes France's Renault SA, Bloomberg News reported, citing unidentified sources.
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Japan Automakers Post 2.1 Per Cent Dip In September Global Sales
Japan's seven major automakers including Toyota Motor Corp, Nissan Motor Co, Honda, Mitsubishi among others sold a combined 2.3 million vehicles last month globally, according to Reuters calculations based on sales data released by the companies.
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Mitsubishi Corp Forecasts $2.8 Billion Hit To Annual Profit From COVID-19
Japanese trading house Mitsubishi Corp said it had a difficult first quarter as net profit plunged 77% due to the coronavirus pandemic, which it said is likely to wipe 300 billion yen ($2.8 billion) off its full-year profit.
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Mitsubishi Motors Says Chairman Masuko Resigned Due To Health Reasons
Mitsubishi Motors Corp said on Friday Osamu Masuko resigned as chairman due to health reasons and has handed over the role to CEO Takao Kato on a temporary basis. A veteran of the Mitsubishi conglomerate, Masuko joined the automaker in 2004, and became president in 2007. He oversaw the creation of the partnership between Mitsubishi and Nissan Motor...
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Mitsubishi Motors Hits All-Time Low As ASEAN Sales Dive Raise Recovery Doubts
Japan's Mitsubishi Motors faced doubts about a quick recovery after posting dismal quarterly sales in its key Southeast Asia market partly due to the coronavirus outbreak, sending its shares down 12% to a record low on Tuesday.
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Japan Backs Nearly A Third Of $6.6 Billion Loans To Nissan
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans. The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen from it...
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Mitsubishi Motors, Foxconn Come Together To Develop Electric Cars
Mitsubishi Motors and Foxtron Vehicle Technologies said they had signed a memorandum of understanding and would "proceed with discussions towards a definitive agreement".
-
Honda Crafts Nissan Rescue Plan That Plays Out Over Years
While their executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors. Nissan’s partner Mitsubishi Motors may also participate in the deal.
-
Honda, Nissan Aim to Merge in 2026 as Talks Kick Off: Reports
The presidents of Honda, Nissan and Mitsubishi Motor — Nissan’s junior partner — were seen entering and leaving Japan’s transportation ministry on Monday morning, likely to inform officials of their plans to formally kick off merger talks.
-
Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
-
Wataru Nakano Named President & MD Isuzu Motors India; Company Makes Two More Top Level Appointments
Isuzu Motors has made three top management changes in India. While Wataru Nakano has been appointed as President and MD, Toru Kishimoto, from Mitsubishi Corp. and Rajesh Mittal from UD Trucks Corp., have been appointed in two top level management roles.
-
Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
-
Mitsubishi Motors Will Procure Two Models Produced By Groupe Renault From 2023
A model mix of the newly launched Mitsubishi Eclipse Cross PHEV and the Renault-developed sister models will enable Mitsubishi Motors to be more competitive in the market.
-
Mitsubishi Motors Begins Overseas Production Of Outlander PHEV In Thailand
The company aims to raise the proportion of electric vehicles to 50 per cent in the total sales by 2030 in a bid to contribute to an environment-friendly solution.
-
Nissan Says 'Absolutely Not' In Talks About Mitsubishi Stake Sale
Nissan Motor Co is "absolutely not" in talks to sell its stake Mitsubishi Motors Corp, Nissan's chief operating officer said on Monday, following a report the carmaker was considering pulling out of its alliance partner.
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Nissan Explores Possible Sale Of 34% Stake In Mitsubishi Motors: Report
Nissan Motor Co may sell its 34% stake in Mitsubishi Motors Corp in what would be a fundamental change in a three-way alliance that also includes France's Renault SA, Bloomberg News reported, citing unidentified sources.
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Japan Automakers Post 2.1 Per Cent Dip In September Global Sales
Japan's seven major automakers including Toyota Motor Corp, Nissan Motor Co, Honda, Mitsubishi among others sold a combined 2.3 million vehicles last month globally, according to Reuters calculations based on sales data released by the companies.
-
Mitsubishi Corp Forecasts $2.8 Billion Hit To Annual Profit From COVID-19
Japanese trading house Mitsubishi Corp said it had a difficult first quarter as net profit plunged 77% due to the coronavirus pandemic, which it said is likely to wipe 300 billion yen ($2.8 billion) off its full-year profit.
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Mitsubishi Motors Says Chairman Masuko Resigned Due To Health Reasons
Mitsubishi Motors Corp said on Friday Osamu Masuko resigned as chairman due to health reasons and has handed over the role to CEO Takao Kato on a temporary basis. A veteran of the Mitsubishi conglomerate, Masuko joined the automaker in 2004, and became president in 2007. He oversaw the creation of the partnership between Mitsubishi and Nissan Motor...
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Mitsubishi Motors Hits All-Time Low As ASEAN Sales Dive Raise Recovery Doubts
Japan's Mitsubishi Motors faced doubts about a quick recovery after posting dismal quarterly sales in its key Southeast Asia market partly due to the coronavirus outbreak, sending its shares down 12% to a record low on Tuesday.
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Japan Backs Nearly A Third Of $6.6 Billion Loans To Nissan
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans. The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen from it...
