Nissan and Mitsubishi Motors Expand OEM Business in Japan
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YOKOHAMA, JAPAN – Sept 23, 2011: Nissan Motors Co., Ltd., and
Mitsubishi Motors Corporation recently announced that the two companies
have agreed to expand the scope of their OEM supply agreements in the
Japanese market as follows:
The two new OEM project agreements are part of the core agreement signed in December 2010 to expand cooperation between the two companies. These new projects follow on a prior agreement for Nissan to provide the NV200 Vanette compact van to Mitsubishi Motors starting from October 2011, together with the establishment of the joint venture NMKV Co., Ltd., in June 2011. These initiatives are intended to strengthen the competitiveness of both companies in Japan.