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...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...the unit, including a large part of its stake in Apple, its holding in oil producer Occidental as well as the multibillion-dollar investments it made in 2020 in five Japanese trading houses, including Mitsubishi...
.... ©2023 Nikkei Inc. All rights reserved....
...UBSO: 6; L: 7; I: 7; Total: 20The legal team at the bank advised on the sale of UBS and Mitsubishi’s joint venture, Mitsubishi Corp-UBS Realty, to global investment fund KKR for $2bn....
...Analysts have said Nissan, which has an alliance with France’s Renault and Mitsubishi Motors, could be a good fit for Apple....
...And Great Wall Motor, another of China’s biggest traditional carmakers, has turned to Qualcomm for its autonomous driving development....
...Rivian purchased the plant in Normal in 2017 for $16.5mn from Diamond-Star Motors, a joint venture between Chrysler and Mitsubishi Motors, which closed it in 2015....
...General Motors was also an early suitor, and held intensive talks in the hope that Rivian would help it take on Tesla....
...In an interview with Nikkei in the Tokyo Detention House in January 2019, Ghosn admitted that “there was a plan to integrate” Renault, Nissan and Mitsubishi Motors....
...Nissan might try a similar gambit with Mitsubishi Motors, in which it has a one-third stake. Though struggling, Mitsubishi has the popular Outlander plug-in hybrid SUV....
...Even Mitsubishi Motors, which is set to launch one of the country’s cheapest electric minicars in the next two years, is on the alert....
...In recent weeks, talk of Apple interest has lifted the shares of Nissan, its partner Mitsubishi Motors and Mazda....
...The countries are asking Taiwan to help look into the lack of chips for the auto industry, which has led to production cuts by leading carmakers such as Nissan Motor, Honda Motor, Ford Motor, Daimler and...
...If the shift to renewable energy is successful, it could also herald a new wave of technology innovation that could lead to the reinvention of struggling conglomerates such as Mitsubishi Heavy Industries...
...Mitsubishi Motors to stop making first mass-produced EV Honda and GM join hands to develop cars in North America Honda to launch first mass-produced electric car in October...
...Mitsubishi Motors chairman Osamu Masuko has resigned, marking the last departure of a Carlos Ghosn-era chief executive in the alliance with Nissan and Renault. More here....
...A year on from the arrest of Carlos Ghosn, who held the companies together, the alliance, which includes Mitsubishi Motors, is fighting for its place in a car industry beset by falling sales, the global...
...Foreign partners in that alliance are brands such as Renault-Nissan-Mitsubishi, and the China units of Toyota and Volkswagen....
...The alliance previously pledged to launch a self-driving service by 2022, under a midterm plan covering Renault, Nissan and Mitsubishi....
...How has Japan Inc reacted?...
...The Japanese carmaker said Carlos Ghosn, who also serves as chief executive of Renault and chairman of Mitsubishi Motors, had been arrested by Tokyo prosecutors on Monday following a whistleblower complaint...
...“We witnessed an extraordinary change” in Chinese demand for electric motors in November and December, said Shigenobu Nagamori, chief executive of Apple supplier Nidec....
...A day of developments since the Renault–Nissan-Mitsubishi Alliance was thrown into crisis with the unexpected arrest of its leader Carlos Ghosn has at least brought some clarity....
...The Renault-Nissan-Mitsubishi Alliance plans its own ride-hailing network in 2022, though has not yet given details of the vehicles it will use....
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