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Nissan Strengthens Alliance with Stake in Mitsubishi Motors

Nissan Strengthens Alliance with Stake in Mitsubishi Motors



YOKOHAMA, Japan (October 20, 2016) – Nissan Motor Co., Ltd., (“Nissan”) today completed its acquisition of a 34% equity stake in Mitsubishi Motors (“MMC”) and became its largest shareholder.

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Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, Infiniti and Datsun brands. In fiscal year 2015, the company sold more than 5.4 million vehicles globally, generating revenue of 12.2 trillion yen. Nissan engineers, manufactures and markets the world’s best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan manages operations in six regions: ASEAN & Oceania; Africa, Middle East & India; China; Europe; Latin America and North America. Nissan has been partnered with French manufacturer Renault since 1999 and Mitsubishi Motors since 2016 under the Renault-Nissan Alliance.

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