Nissan takes 34% controlling stake in Mitsubishi
#1
Nissan takes 34% controlling stake in Mitsubishi
Well this started as a speculation thread on a rumor. But it is now official. Nissan is now the largest shareholder of Mitsubishi Motors holding 34%, spending $2.2 billion dollars in the purchase. They have stated that Mitsubishi will stay its own brand and grow itself again, and they are investing in that regrowth. More on it here: http://jalopnik.com/nissan-will-take...ors-1776219367
Thoughts? Speculations?
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Original Post:
Just saw this article:
http://jalopnik.com/nissan-in-talks-...ium=socialflow
I know its Jalopnik... But if there is some truth to this, what are your thoughts on it?
Good or Bad?
Another article posted on Road and Track. Might actually have something to this... http://www.roadandtrack.com/car-cult...er-mitsubishi/
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Personally I feel like this could be a good thing. Nissan seems to be doing quite well for themselves lately. Perhaps they would see what once made Mitsubishi great and try to pump some life back into it. Im not entirely a fan of Nissan's styling for the last few years, but surely they would make a point to keep the two styles separated. Im curious if they would be interested in bringing back any of Mitsu's good cars such as the Evo, Eclipse, 3000GT, and so on.
Thoughts? Speculations?
-------
Original Post:
Just saw this article:
http://jalopnik.com/nissan-in-talks-...ium=socialflow
I know its Jalopnik... But if there is some truth to this, what are your thoughts on it?
Good or Bad?
Another article posted on Road and Track. Might actually have something to this... http://www.roadandtrack.com/car-cult...er-mitsubishi/
-------
Personally I feel like this could be a good thing. Nissan seems to be doing quite well for themselves lately. Perhaps they would see what once made Mitsubishi great and try to pump some life back into it. Im not entirely a fan of Nissan's styling for the last few years, but surely they would make a point to keep the two styles separated. Im curious if they would be interested in bringing back any of Mitsu's good cars such as the Evo, Eclipse, 3000GT, and so on.
Last edited by bakuro117; May 12, 2016 at 09:05 AM.
#4
Evolved Member
With their 16.5% holding, Toyota (7203) has been running Subaru (7270) incredibly well, magnifying Subaru's strength as a niche car, nerd car, and hoon car automaker, while avoiding much cannibalism between the two brands.
I'm not quite sure if Nissan (7201) were to buy Mitsubishi (7211), they could do a job nearly as fantastic as Toyota.
I'm not quite sure if Nissan (7201) were to buy Mitsubishi (7211), they could do a job nearly as fantastic as Toyota.
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#8
Interesting. But the cars Mitsu were cheating on were the kei cars being rebadged as Nissans.
So would Nissan take over all of Mitsu's models, or only the microcars?
For me, it'd be a good thing, as there aren't any Mitsu dealers within an hour of where I'm moving, but Nissan makes cars in Tennessee.
So ... a US made EVO?
(Would give them a nice price point differential from the GT-R.)
(Compare the 3000GT to the US-built diamond-star Eclipse.)
But Mitsu has been putting their chips on the Outlander, and Nissan already has the Rogue.
So I suspect only the kei cars would be retained.
A Nissan sale might remove Mitsu from the US market completely.
So would Nissan take over all of Mitsu's models, or only the microcars?
For me, it'd be a good thing, as there aren't any Mitsu dealers within an hour of where I'm moving, but Nissan makes cars in Tennessee.
So ... a US made EVO?
(Would give them a nice price point differential from the GT-R.)
(Compare the 3000GT to the US-built diamond-star Eclipse.)
But Mitsu has been putting their chips on the Outlander, and Nissan already has the Rogue.
So I suspect only the kei cars would be retained.
A Nissan sale might remove Mitsu from the US market completely.
#9
Evolved Member
iTrader: (10)
Reports of Nissan considering purchase of Mitsubishi shares came in earlier today. In a swift turn of events, it has been confirmed that Nissan has indeed bought shares from Mitsubishi, taking a 34% stake of the automaker valued at $2.2 billion.
#15
Evolved Member
iTrader: (26)
I read the article a few days ago, I think this is great. Hopefully this means a Evo for us in 4-5 years. And finally shut all that crap that the new STi has the best steering feel and that RS BS everybody is raving about.
In addition, I wonder if the value of Evo's will plummet? Is this the best time to sell my evo?
In addition, I wonder if the value of Evo's will plummet? Is this the best time to sell my evo?