Re: Nissan to buy 34% stake in Mitsubishi Motors The Renault-Nissan Alliance brands taken together sold over 8.5 million vehicles globally during calendar year 2015. This put the Alliance in a distant fourth place (after the big three - Toyota, Volkswagen and GM) globally, but quite a way ahead of fifth placed Hyundai-Kia (8 million vehicles in 2015).
Mitsubishi sold over 1.2 million vehicles worldwide in 2015.
If Mitsubishi is clubbed with Renault-Nissan, the big three global manufacturers club would turn into a big four club. The top five global manufacturers list would then look like this:
Toyota Motor Corporation ~ 10.1 million units
Volkswagen Group ~ 9.9 million units
General Motors Company ~ 9.8 million units Renault-Nissan Alliance + Mitsubishi ~ 9.7 million units
Hyundai Motor Group ~ 8.0 million units
Clearly, taking Mitsubishi on board would turn the Renault-Nissan Alliance into a huge worry for groups like General Motors and Volkswagen. The magical 10 million vehicles a year mark and long-time numero uno Toyota are not that far off either. Monsieur Carlos Ghosn surely knows how to play his cards!
The Japanese would be quite relieved and pleased to let Nissan take control of Mitsubishi, instead of some foreign manufacturer (it was bad enough that Daimler took control of Mitsubishi Fuso).
On another note, I expect more such consolidation among Japanese companies in several sectors in the future. As a country, Japan will surely learn to "manage" their slow decline, so to speak. If persistent economic stagnation and long-term population decline was not enough, the horrendous Fukushima nuclear catastrophe (which was shamelessly covered up by a despicable Tepco, a lying government & the vile international nuclear mafia along with their pathetic stooges in the world mainstream media) is going to have a terrible effect on Japan in the future. Fukushima will affect Japan harder than Chernobyl affected Ukraine & Belarus in the long term. Faced with unenviable long term realities for their country, Japanese companies across sectors will learn to consolidate and co-operate more closely than ever before. It's the only way forward for them and for Japan. I wish them good luck!
Last edited by RSR : 13th May 2016 at 14:15.
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