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Nissan, Mitsubishi strengthen ties in Japan

Nissan Motor Co.  and Mitsubishi Motors Corp.  said Tuesday that they will supply more models to each other and explore  jointly developing vehicles as they look to spark sales in the sagging Japanese market and to meet increasing demand in emerging markets.

The two Japanese carmakers said that Nissan will provide a light van and upper-end sedans to Mitsubishi Motors to broaden its lineup in the domestic market, while Mitsubishi will provide a sport-utility vehicle model to Nissan to enhance its growing SUV segment in the Middle East. Get the full story »