Nissan to take control of Mitsubishi following fuel economy scandal
With Mitsubishi's JDM sales and stock price way down as a result of cheating on Japanese fuel economy ratings, it seems Nissan might swoop in and take control of the company.
I've seen this mentioned in two separate reports today. Here's one:
The
Nikkei reports board meetings will take place Thursday to discuss a move by Nissan to spend some 200 billion yen, about $1.84 billion, to take a 30 percent interest in Mitsubishi Motors. That would make Nissan the controlling shareholder
Source: http://jalopnik.com/nissan-in-talks-...rts-1776052758
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View my fuel log 2014 Mirage ES 1.2 manual: 63.2 mpg (US) ... 26.9 km/L ... 3.7 L/100 km ... 75.9 mpg (Imp)