As Mitsubishi has struggled to maintain its hold in the automotive market, and with recent discrepancies in Mitsubishi’s mileage testing, its future has taken a dark turn. In light of this, Nissan has stepped in and had purchased a 34% stake of Mitsubishi to salvage Mitsubishi and combine efforts. Nissan and Mitsubishi will be joining forces, and we believe this will develop into a beautiful relationship!
This 34% stake gives Nissan control over Mitsubishi because of the ways laws in Japan work. This alliance stands to provide great benefits for both companies: Mitsubishi will gain the backing of a great company that can offer advice to advance their brand, and Nissan will gain a strong ally in technology and in the field of EV vehicles that Mitsubishi has developed successfully over the past few years.
Time will only tell what will become of this alliance, but for us at 171 Nissan, we hope that this will bring great vehicles to our customers, ranging from sedans, SUV’s and more. If it’s anything like the Nissan-Renault alliance from 1999, then we can hope this will bring great things to both Nissan and Mitsubishi.
To learn more about our current lineup of Nissan models available for sale, stop in to 171 Nissan today!