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Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n

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Old 10-20-2016, 02:39 PM   #1
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Nissan takes control of Mitsubishi with Ghosn as chairman

http://www.autoblog.com/2016/10/20/n...ally-official/



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After the company's announcement in May, the Nissan's purchase of a 34 percent stake in Mitsubishi is now official. The deal cost Nissan $2.3 billion, according to the Wall Street Journal, and brings Mitsubishi into the Nissan-Renault Alliance. The company explained that this new partnership will manifest itself in shared vehicle platforms and technology, joint purchasing, and shared manufacturing. Nissan also said that this purchase will make the company one of the three largest companies by volume in the world.

Nissan also emphasized that Mitsubishi will very much be a partner in the current alliance with Renault. In addition, Carlos Ghosn, CEO of both Nissan and Renault, has been nominated to be the new chairman of the Mitsubishi board. With Ghosn at the head of the board, current Mitsubishi president and CEO, Osamu Masuko, will remain in his positions but Nissan's current chief competitive officer will join Masuko as co-chief executive officer at Mitsubishi.

With these companies now working together, we'll probably start seeing more commonality between Nissan and Mitsubishi products here in the States. It would also be a great opportunity to get some of Mitsubishi's cooler products here. Perhaps Mitsubishi and Nissan will take our hint about the Delica.

This article has been revised to clarify that Nissan Motors purchased the stake in Mitsubishi, not the Nissan-Renault Alliance, and to add the value of the purchase.
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Old 10-20-2016, 03:39 PM   #2
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The only positive thing I can see coming out of this is Mitsubishi using an existing Nissan/Renault platform to bring the Colt Ralliart back, perhaps to North America.

Otherwise, don't have much hope for something Ghosn is leading...
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Old 10-20-2016, 04:32 PM   #3
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It's funny how Nissan busted them for fuel economy and scoops them up after. It's like weakening a pokemon and using sleep before you catch em.

I always said Mitsu should be Japan's Jeep. Pajero Mini, Pajero, Outlander and a Delica line-up would be rad.
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Old 10-20-2016, 04:45 PM   #4
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new mitsubishi gto with gtr drivetrain and engine pls
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Old 10-20-2016, 05:12 PM   #5
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I honestly believe Mitsubishi lost the passion to build cars when they decided to axe the EVO... The Lancer design has been out for 10 years with a very subtle face lift for 2016 The mirage is utterly the worst car ever built in the past decade and nothing else from Mitsubishi offers much value when compared to their competitors.
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Old 10-20-2016, 05:40 PM   #6
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Can't wait for 2018 EVO GT-R.

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Old 10-20-2016, 06:07 PM   #7
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so many of the smaller japanese car companies are hurting right now... i'm wondering if suzuki is going to be next. or maybe mazda. they may look like they are doing good but as a company on a global scale they are not doing enough to be significantly profitable since losing ford as a partner.
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Old 10-20-2016, 08:40 PM   #8
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you will see this with Mitsubishi emblems in Mitsubishi dealership

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Old 10-20-2016, 08:53 PM   #9
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you will see this with Mitsubishi emblems in Mitsubishi dealership

My fiance wants one of these. Can't say I like the looks, but I don't think I'd mind occassionally driving a NISMO version with a 6 speed.
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Old 10-20-2016, 09:45 PM   #10
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mirca x mirage
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Old 10-20-2016, 10:49 PM   #11
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Mirage EV.... under 15k?
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Old 10-20-2016, 11:50 PM   #12
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Originally Posted by SpeedStars View Post
I honestly believe Mitsubishi lost the passion to build cars when they decided to axe the EVO... The Lancer design has been out for 10 years with a very subtle face lift for 2016 The mirage is utterly the worst car ever built in the past decade and nothing else from Mitsubishi offers much value when compared to their competitors.
built better, backed better!

wow I still remember when the Concept X came out it looked badass. We were lucky to get the production version ressembling it for the most part

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in their defense, the design has aged so well even Subaru copied it

Spoiler!
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Old 10-20-2016, 11:58 PM   #13
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My neighbour has that STI (in WRB), makes my BMW look like shit ...
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