Renault-Nissan-Mitsubishi Alliance membership | ONLY CARS REVIEWS
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MITSUBISHI L200 AUTOMATIC DIESEL Renault-Nissan-Mitsubishi Alliance membership In May 2016, in the wake of the fuel efficiency scandal uncovered by Nissan (discussed in "Fuel economy scandal"), Nissan began the acquisition of a 34% stake in Mitsubishi Motors, with the aim of making Nissan the largest and controlling shareholder of Mitsubishi and turning Mitsubishi into a member of the Renault–Nissan Alliance (the "Alliance"). Nissan has said that they plan to share some car platforms and jointly develop future vehicles with Mitsubishi Motors. Nissan's acquisition of the 34% controlling interest in Mitsubishi was completed in October 2016, at which time Carlos Ghosn, the chairman of Nissan, Renault, and the Alliance, also became chairman of Mitsubishi. Ghosn remained chairman of Mitsubishi until his dismissal following his arrest by the Japanese government in November 2018, at which time Mitsubishi CEO Osamu Masuko assumed the chairmanship ONLY CARS REVIEWS
Renault S.A., commonly referred to as Groupe Renault (UK: REN-oh, US: rə-NAWLT, rə-NOH; French: [ɡʁup ʁəno], also known as the Renault Group in English), is a French multinational corporation and automobile manufacturer established in 1899. The company currently produces a range of cars and vans. It has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, as well as autorail vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made u...
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