May 12, 2016

Nissan in talks to own third of scandal-stung MMC for $1.8 billion

Nissan Motor Co is in advanced talks to take a roughly one-third stake in Mitsubishi Motors Corp with a $1.8 billion investment, as Mitsubishi struggles with a fuel-economy data scandal, two sources said. If the ¥200 billion deal goes through, Nissan, Japan’s second-largest automaker ...

May 2, 2016

Mitsubishi Motors drags on Nissan as minicar sales fall 51%

Mitsubishi Motors Corp.’s fuel economy testing fraud has hit its partner Nissan Motor Co. in domestic showrooms, with the latter automaker posting a steeper plunge in April minicar sales and overall market share. Nissan’s minicar deliveries tumbled 51 percent last month, as the nation’s ...

Mitsubishi Motors eyeing pay cut for 1,300 minivehicle workers

May 2, 2016

Mitsubishi Motors eyeing pay cut for 1,300 minivehicle workers

Mitsubishi Motors Corp. officials are in talks with its labor union on a plan to cut wages for some 1,300 employees in charge of minivehicle production at its key plant in Okayama Prefecture, according to sources familiar with the situation. Following revelations of data ...