Nissan looks to buy out Mitsubishi

Nissan looks to buy out Mitsubishi

There could be a major shake-up in the Japanese car world with reports Nissan is considering purchasing the troubled Mitsubishi Motors.

Nissan looks to buy out MitsubishiUS publication Automotive News reports that sources close to the Japanese car companies are confirming that talks are underway with the possibility of a $1.84 billion US dollar takeover of Mitsubishi by Nissan Motor Co. on the cards.

Separate meetings being held today (Thursday) by the boards of Nissan and Mitsubishi Motors could be a pivotal moment for the brands.

The takeover talk comes after Mitsubishi admitted to cheating on fuel-economy ratings with suggestions that scandal, which has already severely impacted Mitsubishi sales in Japan, could be set to spread beyond the initial models named.

Press officials for Nissan and Mitsubishi are yet to comment on the takeover rumours. We will keep you updated.

About the author

Kate Richards

Kate has always had an interest in writing and cars and now as a key member of the Behind the Wheel website team she gets to spend her days consumed by both. Aside from being a contributor and an editor at Behind the Wheel, Kate enjoys driving her Lancer EVO and walking her beloved dog, Max!

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