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Nissan may get a boost from a deepening relationship with Japan's biggest trading house as access to battery materials becomes a priority amid the industry's push into electric vehicles.
Carlos Ghosn pledged to cement Renault's partnership with Nissan and Mitsubishi, saying the companies will come up with a plan in the next few weeks to make the alliance "irreversible."
Narrowing losses in North America remain a drag on earnings at Mitsubishi Motors Corp. even as overall profits surged on higher sales and favorable foreign currency rates.
Mitsubishi doubled its operating profit in the last quarter as higher sales in Asia and a weaker yen helped the automaker recover from last year's mileage cheating scandal.
Carlos Ghosn's Renault-Nissan-Mitsubishi alliance leapfrogged Volkswagen Group and Toyota Motor to become the world's top-selling automaker in 2017.
Japan-brand sales in China are booming -- and helping them offset the slowdown in the U.S.
The Japanese brand, now forging ahead as part of the Renault-Nissan-Mitsubishi Alliance, is ready to turn the page on a rough stretch with the help of the Outlander PHEV and Eclipse Cross.
Renault, Nissan and Mitsubishi will invest up to $1 billion for mobility startups. The first strategic investment will fund a U.S. company developing solid-state cobalt-free battery materials.
U.S. sales may be slipping but automakers are unleashing a wide spectrum of new concepts and redesigned models to stimulate the market in 2018.
Renault, Nissan and Mitsubishi Motors are lining up partners for their push into shared driverless robotaxis.
A roundup of brands, from Maserati to Volkswagen, that will unveil new product at the Detroit auto show.
Mitsubishi Materials said its subsidiaries falsified data about products, including parts for cars, for at least a year. It is the latest in a series of quality assurance scandals in Japan.
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