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TOKYO (Feb 27, 2008) - Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation today announced an agreement to expand their original equipment manufacturing (OEM) supply involving mini-cars. Nissan and Mitsubishi currently have OEM agreements in Japan, where Mitsubishi supplies Nissan with mini-cars and small light commercial vehicles (LCV) while Nissan supplies light commercial vehicles to Mitsubishi. The expanded agreement will add two new scopes of co-operation:
Nissan has a proven track record of successful OEM product exchanges. These extend across many automakers and into multiple global markets, each one executed on a win-win basis for both parties involved. Mitsubishi aims to improve its productivity and management efficiencies by growing its OEM business, and will continue to pursue a win-win strategy between collaborative partners on a global level. |
Nissan and Mitsubishi to expand OEM supply agreement for mini-cars

