The Renault-Nissan Alliance and Mitsubishi Motors Corporation have announced their plan to explore new projects using shared technologies and manufacturing strategies.
The work accomplished by Nissan and Mitsubishi on the NKMV joint venture will extend to the Renault-Nissan Alliance to develop a car for the global market. It is not yet confirmed whether the platform will be electric, hybrid or a plain petrol/diesel engine.
Preliminary discussions point to the fact that the first sedan models under this joint venture will be under the Mitsubishi brand but based on the Renault portfolio. It will be a full-size D-segment model for the North American market made from the Renault-Samsung plant in Busan, South Korea. The second model will be for the global C-segment and discussions are still ongoing as to where it will be manufactured.
"Nissan and Mitsubishi Motors have jointly benefited from several collaborations in the past, most recently the successful joint-venture on Kei cars in Japan. I welcome the direction being taken towards this broader cooperation, creating new opportunities for Renault in addition to further leveraging the productive relationship between Nissan and Mitsubishi Motors," said Carlos Ghosn, president and CEO of the Renault-Nissan Alliance.
"As a result of the development of collaborative projects with Nissan Motor up to now, Mitsubishi Motors is pleased to work again with Nissan and now Renault towards achieving further collaborations. The new opportunities could be described as evidence that the ongoing collaborative projects between Mitsubishi Motors and Nissan have brought positive results, and Mitsubishi Motors hopes that any new collaborative projects with the Renault-Nissan Alliance would bring us further merits," commented Osamu Masuko, president fo Mitsubishi Motors Corporation.