Nissan and Mitsubishi agreed to create a joint venture to produce this car.
Nissan Motor Co. and Mitsubishi Motors Corp. has agreed to establish a joint venture company which will focus on planning and product development mini car. This step is a continuation of their agreement in December 2010.
"This is a collaboration to expand the scope of cooperation between the two companies," said Nissan, as quoted by autoevolution, Monday, May 23, 2011.
However, this joint venture will face the tough challenge of Toyota Motor Corp. has also announced the entry in the mini car market at the beginning of this year.
Unfortunately, Nissan does not mention details about the project. However, news of a growing, Nissan and Mitsubishi will begin producing this mini car in 2013.
Nissan predicts in the near future minicar segment will increase and reach half of its market share. In the last year, 20 percent of Nissan sales seconded by minicar.
"This is a collaboration to expand the scope of cooperation between the two companies," said Nissan, as quoted by autoevolution, Monday, May 23, 2011.
However, this joint venture will face the tough challenge of Toyota Motor Corp. has also announced the entry in the mini car market at the beginning of this year.
Unfortunately, Nissan does not mention details about the project. However, news of a growing, Nissan and Mitsubishi will begin producing this mini car in 2013.
Nissan predicts in the near future minicar segment will increase and reach half of its market share. In the last year, 20 percent of Nissan sales seconded by minicar.
