Mitsubishi is on the verge of reversing its resolution to exit the European market amid mounting strain from its Renault and Nissan companions, in line with the Monetary Occasions.
The newspaper studies that the Japanese model might shift manufacturing of some European-market fashions to Alliance factories in France, citing inside sources on the Renault-Nissan-Mitsubishi Alliance with “direct information of the matter”.
A preliminary settlement is claimed to have been reached by the three manufacturers yesterday (22 February), with a closing resolution resulting from be made at a Mitsubishi board assembly on Thursday 25 February.
A Mitsubishi spokesperson stated the model has no remark to supply on the hypothesis.
This breaking information story is being up to date.