TOKYO -- Mitsubishi Motors Corp. plans to sell a Renault-based mid-sized car in the United States under a new strategic tie-up between Mitsubishi and the Renault-Nissan alliance.
The car will be the first of two Renault-based sedans sold by Mitsubishi under a product and technology exchange announced by the companies today. The cooperation also includes joint development of an electric car and a new compact car, both to be sold globally.
Renault-Nissan and Mitsubishi will "explore several new projects covering shared products, technologies and manufacturing capacity," the three automakers said in a joint statement.