Tag: scandal-hit Mitsubishi Motors

Nissan confirms talks for tie-up with Mitsubishi

TOKYO , Japan (AFP) — Nissan Motor confirmed Thursday it was in capital tie-up talks with scandal-hit Mitsubishi Motors, as media reports said the deal would effectively be an acquisition that would create a mega-automotive group. The deal, if agreed, would create a firm that would rival global titans Toyota and Volkswagen in terms of sales volume, Japanese media said. “Nissan and Mitsubishi are discussing various matters including capital cooperation, but nothing has been decided,” […]