Published on July 2nd, 2016 | by Daniel Sherman Fernandez


Renault-Nissan-Mitsubishi Alliance Might Be Bigger Than Toyota

Nissan’s proposed takeover of Mitsubishi Motors would produce a Renault-Nissan-Mitsubishi alliance that by 2017 could overtake auto giant Toyota to become the world No. 2 in global light-vehicle production.

Goodyear 650x85(DSF)

By 2023, the French-Japanese alliance will lead Toyota by almost 1.2 million vehicles, 12 million to 10.8 million. Meanwhile despite all their internal; issues, Volkswagen would likely remain the world’s largest light-vehicle producer.

SUNNYVALE, Calif. (Jan. 7, 2016) – The Renault-Nissan Alliance will launch more than 10 vehicles with autonomous drive technology in the next four years. The global car group confirmed today that it will launch a range of vehicles with autonomous capabilities in the United States, Europe, Japan and China through 2020. The technology will be installed on mainstream, mass-market cars at affordable prices.

Renault-Nissan is in the midst of due diligence for the takeover, which derived from Mitsubishi’s admission that it has filed false fuel economy data for numerous nameplates sold in Japan. If Nissan finds proof of further cheating, it can call off the deal. Otherwise, it is expected to take a controlling stake in Mitsubishi in October this year. Let the games begin!

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