Jump to content
Create New...
  • William Maley
    William Maley

    Rumorpile: Mitsubishi Ends Talks With Renault, Begins With Nissan For Midsize Sedan

      We Find Out What Cause The Impasse Between Mitsubishi and Nissan/Renault Over the Midsize Sedan

    A couple weeks back, we reported that a Mitsubishi executive says talks between them and Nissan/Renault has stalled, but didn't go into details as to why. But Automotive News has shined a light as to possibly why and where it stands now.

    According to a source at Mitsubishi, the company ended talks with Renault about using the midsize Latitude/Samsung SM7 sedan built in South Korea because the Yon suddenly appreciated. This is turned undercut the plan's profitability when paired against the U.S. Dollar and Japenese Yen.

    A Nissan source goes onto say that Nissan has begun talks with Mitsubishi about using one of their sedans.

    A Mitsubishi spokesman says at this time that plans to replace the Galant are on indefinite hold. While he declined to comment on the talks between Mitsubishi and Nissan, he did say that working with Nissan is “one option.”

    In the meantime, Mitsubishi has moved up the replacement for the compact Lancer to the top of its priority list.

    Source: Automotive News (Subscription Required)

    User Feedback

    Recommended Comments

    Truly Suzuki, Mitsubishi, Mazda and all the rest of the little fish need to merge and stop the waste of money on small segments and get serious about competing with the bigger companies. The days of survival as a small fish are over in this global economy. Time to merge and go with bigger, deeper and wider portfolio of auto options.

    Link to comment
    Share on other sites

    Truly Suzuki, Mitsubishi, Mazda and all the rest of the little fish need to merge and stop the waste of money on small segments and get serious about competing with the bigger companies. The days of survival as a small fish are over in this global economy. Time to merge and go with bigger, deeper and wider portfolio of auto options.

     

    Conversely, many don't realize that these companies tend to very well overall when you consider total global sales. Suzuki, for example, outsells PSA (Peugeot, Citroen), Renault, BMW, Daimler AG (Mercedes) in total global units and have been generally profitable. This just goes to show how hard it is to overcome a bad reputation in a single country thanks to some $h!ty Daewoos. 

     

    Mazda is doing pretty well for itself after its break-up with Ford. It has a ways to go, but is increasing its global sales and overall profits were up 77% as of the most recent quarter. Considering the constant praise its vehicles are managing, they're likely on track for continued success. 

     

    Mitsubishi, on the other hand, is a fairly mixed bag. Globally, it produces about the same quantity as Mazda, but its latest profits were down 10% (but not in the negative). 

    • Agree 1
    Link to comment
    Share on other sites

     

    Truly Suzuki, Mitsubishi, Mazda and all the rest of the little fish need to merge and stop the waste of money on small segments and get serious about competing with the bigger companies. The days of survival as a small fish are over in this global economy. Time to merge and go with bigger, deeper and wider portfolio of auto options.

     

    Conversely, many don't realize that these companies tend to very well overall when you consider total global sales. Suzuki, for example, outsells PSA (Peugeot, Citroen), Renault, BMW, Daimler AG (Mercedes) in total global units and have been generally profitable. This just goes to show how hard it is to overcome a bad reputation in a single country thanks to some $h!ty Daewoos. 

     

    Mazda is doing pretty well for itself after its break-up with Ford. It has a ways to go, but is increasing its global sales and overall profits were up 77% as of the most recent quarter. Considering the constant praise its vehicles are managing, they're likely on track for continued success. 

     

    Mitsubishi, on the other hand, is a fairly mixed bag. Globally, it produces about the same quantity as Mazda, but its latest profits were down 10% (but not in the negative). 

     

    Does that include Suzuki motorcycles, marine products, etc or just truly auto's? Amazing to hear that Suzuki outsells those other brands.

    Link to comment
    Share on other sites

     

     

    Truly Suzuki, Mitsubishi, Mazda and all the rest of the little fish need to merge and stop the waste of money on small segments and get serious about competing with the bigger companies. The days of survival as a small fish are over in this global economy. Time to merge and go with bigger, deeper and wider portfolio of auto options.

     

    Conversely, many don't realize that these companies tend to very well overall when you consider total global sales. Suzuki, for example, outsells PSA (Peugeot, Citroen), Renault, BMW, Daimler AG (Mercedes) in total global units and have been generally profitable. This just goes to show how hard it is to overcome a bad reputation in a single country thanks to some $h!ty Daewoos. 

     

    Mazda is doing pretty well for itself after its break-up with Ford. It has a ways to go, but is increasing its global sales and overall profits were up 77% as of the most recent quarter. Considering the constant praise its vehicles are managing, they're likely on track for continued success. 

     

    Mitsubishi, on the other hand, is a fairly mixed bag. Globally, it produces about the same quantity as Mazda, but its latest profits were down 10% (but not in the negative). 

     

    Does that include Suzuki motorcycles, marine products, etc or just truly auto's? Amazing to hear that Suzuki outsells those other brands.

     

     

    That only includes passenger vehicles and light-duty commercial vehicles.

    Link to comment
    Share on other sites



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


  • google-news-icon.png



  • google-news-icon.png

  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Similar Content

  • Posts

    • Those that cannot accept a multi-cultural world and immigration deserve to lose everything. I will stay professional, but believe that our North American Economy is about to get far worse over the long term than it is now. It is amazing how people do not seem to realize that the first two years of a new president is dealing with the ramifications of the last president. The high inflation was due to the failed policies of those before. We now have low unemployment and a strong economy. Will be interesting to see how it ends.
    • I say, let it get worse.  The people have spoken and this is what the MAJORITY voted for.  He even got the popular vote.  Therefore the people of America have spoken.   This is what they want.  This is what they feel comfortable with.   But I dont want to hear ANY whining from ANYBODY about what possibly may happen with him Him in power.  Fool me once,  shame on you!  Fool me twice, shame on me?   Technically this is how that saying goes.  But you never know. Maybe it really IS the lefty libtards that are the problem.   Hopefully it IS the lefty libtards that are the problem and the Messiah Trump will BE the solution to ALL of our problems.   I will be the first one to apologize if He actually does fix America's and Canada's problems.  And unite ALL of the world and the world gets to sing Kumbaya ALL in unison. Hopefully He is the next coming of Christ.   Keeping my fingers crossed but I aint holding my breath if you know what I mean.   
    • @oldshurst442 This pretty much sums up just how bad it is going to get. Trump's economic plans would worsen inflation, experts say | AP News
    • Not just iPhones... He tariffed Canadian wood the first time around as Pres and the prices of wood skyrocketed so American home builders bought American wood which was and is more expensive than Canadian wood.  I guess that is good for American wood producers. But for the fact that house prices also skyrocketed.  And considering that Canada and US have a more or less good trading thing going on...so not that good.  Not for the US and not good for Canada.  But Donald thinks otherwise. And all the folk that voted for him this time around think that the economy will get better?  I hope so for their sake. But Elon and Jeff B's billions rose quite a bit upon the announcement of his re-election.  I wonder if those  people that voted for him, I wonder if their wealth also rose instantly?    You poor bastards... You have no idea what is coming to you... (those that voted for him.  With the excemption of the rich of course)     Donnie Rides Again
  • Who's Online (See full list)

    • There are no registered users currently online
  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search