Mitsubishi and Nissan full merger is not an option says chairman | autos | Hindustan Times
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Mitsubishi and Nissan full merger is not an option says chairman

A full merger between Japanese car makers Mitsubishi Motors Corp (MMC) and Nissan Motor Co Ltd is not on the table, Carlos Ghosn, chairman of both firms, said.

autos Updated: Apr 25, 2017 14:57 IST
A full merger of Mitsubishi and Nissan has been ruled out by Carlos Ghosn, chairman of both companies.
A full merger of Mitsubishi and Nissan has been ruled out by Carlos Ghosn, chairman of both companies.(REUTERS)

A full merger between Japanese car makers Mitsubishi Motors Corp (MMC) and Nissan Motor Co Ltd is not on the table, Carlos Ghosn, chairman of both firms, said on Tuesday.

“Full merger is not on the table. We want Mitsubishi to reform itself,” said Ghosn, who was attending the opening ceremony of Mitsubishi’s new factory on the outskirts of Jakarta.

He added though that it made sense for Mitsubishi to produce MPV parts for Nissan in Indonesia.

Last year, Nissan bought a controlling stake in MMC for $2.3 billion after the smaller Japanese company admitted to cheating on mileage tests.