Nissan Seeks To Dump 34% Stake In Mitsubishi

Nissan is reportedly exploring the possibility of selling either some, or all of its 34% stake in Mitsubishi Motors, a move that could drastically reshape its three-way alliance, which also includes Renault.

Following this news, Nissan shares jumped 5%, with Mitsubishi going up 3%. One possibility would be for Nissan to sell its stake to a Mitsubishi group entity such as Mitsubishi Corp, which already owns a fifth of Mitsubishi Motors.

ricks0me - 11/16/2020 4:07:07 PM

+1 Boost

Nissan: Here is an idea. Dump Renault. Dump Mitsubishi. Go to Wall Street and have them take you private.
Your vehicles were decent way back when.

jtz7 - 11/16/2020 6:35:36 PM

+2 Boost

What cased Mitsubishi to downsize anyway from the Montero and Endeavour?

qwertyfla1 - 11/17/2020 7:30:41 AM

0 Boost

Aside from commercial trucks what compelling product does MeSoBitchy even have these days?