Articles about Renault Nissan Mitsubishi Alliance

Will this work?

The Renault-Nissan-Mitsubishi Alliance has big things in store for the global market.In a press release, the trio of car manufacturers announced plans to build new pickups, SUVs, and electric vehicles in the near future. The main beneficiaries of this

Both next-gen models will be developed by Renault and will roll out by 2023

When the Renault-Nissan-Mitsubishi Alliance announced its big new game plan earlier this year, we also got confirmation that Mitsubishi will start working on the next-generation ASX.Details about it were still scarce then, though. We only knew that the

Remember this?

Remember the Mitsubishi ASX? The vehicle helped usher in the age of the crossover in the early 2010s thanks to its practical-yet-compact size and relatively stylish exterior. A refresh was launched several years ago, but the model has been somewhat

The Alliance also eyes rolling out 35 new EV models by 2030

A recent report stated how the Renault-Nissan-Mitsubishi Alliance is planning to build more than 30 electric vehicles by 2030. Well, the official plans are out, and it's clear that the Alliance plans to do more than just meet that

The carmakers’ $26.3-B investment will also help develop solid-state batteries

Big changes are on the horizon for the Renault-Nissan-Mitsubishi Alliance this decade. As carmakers move towards electrification over the next few years, the Alliance has now revealed its plans to do the same.According to a report by Nikkei Asia,

Well, that backfired

Well, that didn't go exactly according to plan now, did it?According to a report by Nikkei Asia, former Nissan CEO Carlos Ghosn has been ordered to pay back €5 million (around P293 million) in salary after the district court in

Is the Alliance in danger?

The Renault-Mitsubishi-Nissan Alliance might no longer be as solid a partnership as once thought.According to a recent report by Bloomberg, Nissan is currently looking into reducing its 34% stake in fellow Japanese carmaker Mitsubishi-a move that could reverberate

A new business model is set to shake up the three carmakers’ global operations

The years following this one will be pretty busy for the Renault-Nissan-Mitsubishi Alliance, as it plans to implement a new business model that will almost completely change how the three carmakers produce vehicles.The new business model is built on

Part of its plans to recover from ¥671.2 billion in net losses in 2019

In the local market, Nissan saw some growth in terms of sales last year. By the midway point of 2019, it remained third among car manufacturers in the Philippines-a position it had captured by the end of the first quarter. On

That’s about $91 million or P4.6 billion

A little over a month ago, former Renault-Nissan boss Carlos Ghosn officially became a fugitive when he fled to Lebanon in what the Internet called a daring escape, to say the least. Nissan called that move 'regrettable' and assured that it

The Japanese carmaker says that the future of the Alliance is not in question

It seems that the ongoing Carlos Ghosn saga has greatly affected not only Nissan but Renault as well. According to a Reuters report, Renault shares have fallen to a six-year low, and rumors that Nissan could be preparing for a split

“I should have never been arrested in the first place”

The Carlos Ghosn saga continues. A few days following his dramatic escape to Lebanon, Ghosn held a huge press conference-as he previously promised-in which the fugitive executive claimed his innocence.Unfortunately, Ghosn had no intention to talk about how he

“The company will continue to take appropriate legal action”

The Renault-Nissan-Mitsubishi Alliance has broken its silence regarding disgraced auto industry bigwig Carlos Ghosn's daring escape to Lebanon.Last week, news of Ghosn's escape from Japan took the Internet by storm, after details emerged revealing that he had

The story continues

The admittedly exciting saga of Carlos Ghosn continues. In the latest development of the story, the Associated Press reports that the International Criminal Police Organization (Interpol) has issued a wanted notice to Lebanon for the disgraced former Renault-Nissan executive. In case

Ghosn in 60 seconds

More information regarding Carlos Ghosn's Tokyo escape is beginning to surface and, according to a recent report by The Guardian, the details are over-the-top enough for a Hollywood blockbuster script.The disgraced automotive-industry executive was supposedly snuck out

“I am now in Lebanon and will no longer be held hostage"

Disgraced former Nissan chairman Carlos Ghosn has fled Japan and is now taking refuge in the Lebanese Republic.According to a report by the New York Times and Lebanese newspaper Al-Joumhouriya, Ghosn escaped to Lebanon via a private jet from Turkey.

Learn from their example

Oh, how we all wish we could go through our lives without ever experiencing anything as horrid as the Fyre Festival. That infamous story, which you can see in full in an entertaining Netflix documentary, involved would-be 'techpreneur' Billy McFarland and

His first appearance since the scandal broke

Carlos Ghosn will finally get a chance to plead his case in public. According to a report by the Wall Street Journal, the disgraced former chairman of Nissan is set for his first public hearing this week.The report says that the

Corporate Japan seems done with the embattled executive

After Carlos Ghosn's swift ouster from Nissan Motor Company last week on allegations of financial mismanagement, it was Mitsubishi Motors' turn to remove the embattled European executive from its ranks. According to a report from Reuters, the decision was made after

An investigation has been going on for months

In a surprising turn of events, Nissan announced that it plans to oust its chairman, Carlos Ghosn, because of reported financial misconduct. According to a statement, Nissan said this is the result of an investigation that has been going on for several