Japanese automakers Nissan and Mitsubishi Motors

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Japanese automakers Nissan and Mitsubishi Motors on Tuesday, December 14 announced an agreement to expand cooperation in the field of automobiles, Lenta.ru reports with reference to the AP. The Treaty requires the establishment of a joint venture in Japan to assemble compact cars and more intensive exchange of models that each company will be able to sell under its own brand.
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Nissan is planning to produce and deliver the firm Mitsubishi kompaktven that the latter will sell to the Japanese market under its own brand. And Mitsubishi, in turn, intends to provide a "Nissan" SUV, which he sold in the Middle East. What exactly are planning to exchange models automakers have not yet confirmed.
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In addition, Nissan expects to move production to the Navara pick-up Mitsubishi factory in Thailand. Also, the head of Nissan Carlos Ghosn did not rule out possible cooperation between the two automakers in the development of a new pickup truck. "In the global automotive industry cooperation between the two companies in specific projects, is gradually becoming a common practice," - said Ghosn.
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The new joint venture, in which Nissan and Mitsubishi will each have a 50 percent stake, will be established next year and launch a new mini-car will start in two years. The car will receive the engine of not more than 660 cubic centimeters, and its overall length does not exceed 3.4 meters. As noted by Hong, in the future such cars will become popular not only locally but in other countries, as demand for affordable models is constantly growing.
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Mitsubishi and Nissan have cooperated since 2003, mainly in the production of mini-cars with 660 cc engines, which are sold in Japan under the brand name "Nissan".

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