Arab Today, arab today nissan may take controlling stake in mitsubishi motors
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Arab Today, arab today

Nissan may take controlling stake in Mitsubishi Motors

Arab Today, arab today

Arab Today, arab today Nissan may take controlling stake in Mitsubishi Motors

Nissan may take controlling stake in Mitsubishi Motors
Tokyo - QNA

Nissan Motors is considering buying a controlling stake in scandal-plagued Mitsubishi Motors, Japanese media reported Thursday.

    Japan's second-largest carmaker plans to spend more than 200 billion yen (1.85 billion dollars) to acquire more than 30 % of Mitsubishi Motors, (Kyodo) News agency reported, citing unnamed sources.

    Under the move, Nissan would become the largest shareholder in its rival, overtaking the 12.6 % currently held by Mitsubishi Heavy Industries.

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