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2023: Failing sales and ending China's auto production
Mitsubishi Motors will stop producing cars in China, Nikkei reported in September 2023, after the company suspended operations there indefinitely in July due to unsatisfactory sales.
2021: A sharp rise in car prices in Russia
2019: Buying a stake in navigation developer Here for $1 billion
On December 20, 2019, Japanese companies NTT and Mitsubishi Motors announced the purchase of a 30th stake in Here. The value of the transaction is not indicated in the press release, but it was announced at a press conference - more than $1 billion. The amount is quoted by the Financial Times, whose reporters attended this conference. Read more here.
2016: Nissan's 34% purchase of Mitsubishi Motors
In 2016, Nissan acquired a 34% stake in Mitsubishi Motors, which became the third full member of the Renault-Nissan Alliance, an automobile association with a total annual sales volume of almost 10 million units.
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