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Mitsubishi Motors Corporation (7211.T)

Tokyo - Tokyo Delayed Price. Currency in JPY
608.00+5.00 (+0.83%)
At close: 03:15PM JST
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  • Reuters

    Renault chairman says 'nothing is blocking' Nissan alliance talks

    Nothing is blocking discussions between Nissan and Renault over the future of their alliance and the two companies will have "important talks" on Tuesday and Wednesday, the French automaker's chairman said in Tokyo. Speaking at an event on Tuesday, Renault SA chairman Jean-Dominique Senard touted the Franco-Japanese alliance, which has been discussing ways to revamp the relationship. Renault last week unveiled a sweeping overhaul of its businesses, saying it would set up a joint venture with Geely for gasoline engines and hybrid technology and spin off its electric vehicles unit next year.

  • Reuters

    Mitsubishi Motors says no decision yet on investing in Renault's new EV unit

    Mitsubishi Motors Corp, a junior partner in the Nissan Motor Co and Renault alliance, has not made a decision yet on whether to invest in the French automaker's electric vehicle company, a top executive said on Wednesday. "It's necessary to gain the full understanding of our shareholders and board members, and for this reason, it is necessary to carefully examine the figures," said chief executive Takao Kato. Mitsubishi would consider whether taking part in the EV unit would be beneficial for the Japanese automaker's product development in the future, Kato said.

  • Reuters

    Indonesia says Mitsubishi Motors to invest about $667 million over next 3 years

    Mitsubishi Motors Corp plans to invest about 10 trillion rupiah ($666.89 million) in Indonesia between 2022 and 2025, the country's chief economics minister said on Tuesday. Airlangga Hartarto in a statement said the Japanese company had invested 11.3 trillion rupiah up to 2021 and was planning to expand its production in the Southeast Asian country. The statement quoted Mitsubishi Motors CEO Takao Kato as saying the company planned to produce hybrid electric vehicles and battery electric vehicles in Indonesia.

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