Mitsubishi joins the Renault-Nissan alliance. With the investment of 34 percent in Mitsubishi, the Renault-Nissan alliance will become one of the largest automobile manufacturers in the world. At eye level with Volkswagen and Toyota. Carlos Ghosn will also take over the management board of Mitsubishi and thus head three automobile manufacturers.
Mitsubishi Plug-in Hybrid Outlander becomes the plug-in hybrid from Renault-Nissan
In the press conference, which was broadcast live on Youtube, there was a lot of talk about the cooperation, the expected scale effects, synergies and - almost casually - confirmed by Osamu Masuko, the previous Mitsubishi Motors boss: The drive train of the Mitsubishi Plug-in Hybrid Outlander will be the basis for upcoming plug-in hybrid models within the Renault-Nissan alliance.
Mein-auto-blog has the complex but highly developed powertrain consisting of two electric motors, a petrol engine and the option of being both a serial and parallel hybrid and, incidentally, the largest purely electric range of all the PHEV SUVs currently available for two years now ongoing endurance test of the Mitsubishi Plug-in Hybrid Outlander convinced.
The collaboration plan includes the following:
- Cost reduction in purchasing,
- a clear localization of operational business activities worldwide,
- the sharing of manufacturing capacity,
- common vehicle platforms,
- technology sharing
- as well as cooperation in developed and growth markets - including the use of the Nissan Sales Finance Company in markets where this is advisable for the benefit of customers.
Expected from the synergy effects Mitsubishi a growth equivalent in operating profit of one percent in the fiscal year 2017, two percent in the fiscal year 2018 and more than two percent in the fiscal year 2019. In addition, the projected synergies will increase the return on shares in the fiscal year 2017 by an expected 12 yen per share and in the fiscal year 2018 by 20 yen per share Increase share.
"The expanded alliance will create one of the world's largest automotive groups with a sales volume of 10 million vehicles in the 2016 fiscal year," said Carlos Ghosn. “The management cooperation with Renault has characterized our alliance for 17 years, whenMitsubishi in this connection the entrepreneurial spirit is additionally stimulated. I am sure that all shareholders will benefit from this constellation. ”
The Mitsubishi Motors Corporation is the oldest automobile series manufacturer in Japan. As early as 1917, the company manufactured the series-ready Model A in Kobe, which was powered by a 2,8-liter four-cylinder with 35 hp. The production of light trucks began in 1921, and in 1934 the first passenger vehicle with all-wheel drive and diesel engine appeared, the PX 33. With the Pajero off-road vehicle, the competitive version of which won the Paris Dakar Rally twelve times Mitsubishi Made history. The brand also scored in on-road rallying and, with five titles as rally world champion, is one of the most successful car manufacturers in this competition. Today, the goal of sustainable mobility is embedded in the company statutes. With the electric vehicle Mitsubishi Electric Vehicle took the step into e-mobility, the Plug-in Hybrid Outlander is the first SUV plug-in hybrid with all-wheel drive.