The Renault-Nissan Alliance is expanding its collaboration with Mitsubishi by exploring "several new projects covering shared products, technologies and manufacturing capacity." The venture between the carmakers was first established in 2011 to develop a range of kei cars for both Nissan and Mitsubishi.
"Nissan and Mitsubishi Motors have jointly benefited from several collaborations in the past, most recently the successful joint venture on kei cars in Japan," said Renault-Nissan Alliance president and chief executive Carlos Ghosn. "I welcome the direction being taken toward this broader cooperation, creating new opportunities for Renault in addition to further leveraging the productive relationship between Nissan and Mitsubishi Motors."
For the latest collaboration, the first two vehicles to be produced are sedan models that will be launched under the Mitsubishi brand but based on vehicles from Renault's product portfolio.
The full-size model will reportedly be manufactured at the Renault-Samsung plant in South Korea and sold for the North American market, while the compact sedan is intended for the global market.
The other projects that Renault-Nissan and Mitsubishi plan to work together on are for developing technologies and assets for electric vehicles and latest-generation platforms.
"As a result of the development of collaborative projects with Nissan up to now, Mitsubishi is pleased to work again with Nissan and now Renault toward achieving further collaborations," said Mitsubishi Motors president Osamu Masuko. "The new opportunities could be described as evidence that the ongoing collaborative projects between Mitsubishi and Nissan have brought positive results, and Mitsubishi hopes that any new collaborative projects with the Renault-Nissan Alliance would bring us further merits."