Nissan CEO Announces “Massive Plans” for Mitsubishi Deal

As you may have already heard earlier this year, Nissan and Mitsubishi entered into a strategic partnership together. Since then, we have heard very little details on what that means for both car brands. However, recently Renault-Nissan CEO, Carlos Ghosn, confirmed that they were going to announce a “massive’ business plan very shortly.

“This is not a deal where we say, ‘OK, we made the deal, now let’s think what we can do together,” [Ghosn] told reporters [at the Paris Motor Show]. “No. The day we announce the deal, we’re going to tell you exactly what we’re going to do together. And it’s massive. It’s massive between Mitsubishi and Nissan. And also, it may be very significant between Renault and Mitsubishi.”

Very little details have been released so far, but we do know that the plan will include details regarding how Nissan and Mitsubishi will grow the U.S. market and expand the electric vehicle technology. “We will have to dig more in the U.S.,” Ghosn said. “But when you talk about purchasing, engineering, platforms, engines, plug-in hybrids — it’s massive.”

As of right now, Nissan and Mitsubishi are still waiting for the deal to be approved by the government. It is expected to be approved by the end of the year. Keep checking back on the Tynan’s Nissan Fort Collins blog for updates!

Hsu, Ben. “Plans Brewing for Nissan and Mitsubishi Partnership.” LeftLane News RSS. N.p., n.d. Web. 12 Oct. 2016. <http://www.leftlanenews.com/plans-brewing-for-nissan-and-mitsubishi-partnership-93033.html>.

Powered by Bookmarkify™

Tags: Nissan Mitsubishi Partnership Fort Collins CO, Nissan Mitsubishi Partnership Greeley CO, Nissan Mitsubishi Partnership Longmont CO, Nissan Mitsubishi Partnership Loveland CO
Posted in Fort Collins CO, Greeley CO, Longmont CO, Loveland CO, Nissan News Fort Collins CO, Nissan News Greeley CO, Nissan News Longmont CO, Nissan News Loveland CO | Comments Off on Nissan CEO Announces “Massive Plans” for Mitsubishi Deal