Mitsubishi to supply Peugeot, Nissan
Mitsubishi to supply Peugeot, Nissan
TOKYO: Troubled Japanese carmaker Mitsubishi Motors has inked deals to supply its autos to Japan's Nissan Motor and French automaker PSA Peugeot Citroen from 2006, a news report said on Sunday.
Mitsubishi will sell mini vehicles to Nissan and sports utility vehicles to Peugeot on original equipment manufacturing (OEM) basis, the Yomiuri Shimbun said without citing sources.
Mitsubishi, the fourth-largest Japanese automaker and hit by defect cover-ups and sagging sales, will include the OEM deals as part of its new revitalization plan to be released later this month, the newspaper said. --AFP