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Mitsubishi Motors finally achieved annual production of a million cars in 1980, but by this time, its ally was not so healthy; as part of its battle to avoid bankruptcy, Chrysler was forced to sell its Australian manufacturing division to MMC that year.
Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc., 473 U.S. 614 (1985), is a United States Supreme Court decision concerning arbitration of antitrust claims. The Court heard the case on appeal from the United States Court of Appeals for the First Circuit, which had ruled that the arbitration clause in a Puerto Rican car dealer's franchise agreement was broad enough to reach its ...
Mitsubishi's North American R&D facility in Ann Arbor, Michigan in 2010 2015 was a record setting year for MMNA, selling five million vehicles to date and 95,342 for the year in the United States, continuing a streak of 22 consecutive months of year-over-year sales increases and a 23 percent sales increase over the previous year.
The two companies, along with their junior partner Mitsubishi Motors, ... Some analysts had speculated Nissan could face bankruptcy as soon as 2026 when it has a huge amount of debt coming due.
Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up ...
Japanese automaker Nissan finds itself at a crossroads.Nissan was poised to participate in a megamerger with rival Honda (), and it was a huge development when the talks were revealed late last year.
Alliance logo. The Renault–Nissan–Mitsubishi Alliance, originally known as the Renault–Nissan Alliance, is a French-Japanese strategic alliance between the automobile manufacturers Renault (based in Boulogne-Billancourt, Île-de-France, France), Nissan (based in Yokohama, Kanagawa, Japan) and Mitsubishi Motors (based in Minato, Tokyo, Japan), which together sell more than one in nine ...
Most notably, the joint venture that made Jeeps with Europe’s Stellantis filed for bankruptcy in 2022. As Jeff Schuster of auto researcher GlobalData told CNN , “Every international brand is ...