Nissan Could Take Key Stake in Scandal-Hit Mitsubishi Motors

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12 May 2016 11:26 WIB

Nissan Motor Chief Executive Carlos Ghosn (L) and Mitsubishi Motors Corp President Osamu Masuko arrive at their joint news conference in Tokyo December 14, 2010. Nissan Motor Co confirmed on Thursday that it was in talks with Mitsubishi Motors Corp over a potential investment, after sources said Nissan was considering taking a controlling stake in its smaller, scandal-hit rival. REUTERS/Toru Hanai/File Photo

12 Mei 2016 00:00 WIB

Nissan Motor's Chief Executive Carlos Ghosn (L) shakes hands with Mitsubishi Motors Corp.'s President Osamu Masuko at the end of their joint news conference in Tokyo December 14, 2010. Mitsubishi and Nissan, Japan's second-largest carmaker, already cooperate on development and manufacturing with a partnership dating back to 2011, but that deal does not currently involve any cross-shareholding. REUTERS/Toru Hanai/File Photo

12 Mei 2016 00:00 WIB

In this this Dec. 14, 2010 file photo, Nissan Motor Co. President and CEO Carlos Ghosn, left, speaks as then Mitsubishi Motors Corp. President Osamu Masuko looks on during their joint press conference in Tokyo. Scandal-plagued Mitsubishi Motors Corp. may have a suitor, Nissan Motor Co., headed by auto-industry turnaround guru Carlos Ghosn. Both companies acknowledged Thursday, May 12, 2016, they were in talks on various issues, including a possible partnership involving stake ownership. AP/Koji Sasahara

12 Mei 2016 00:00 WIB

In this Oct. 28, 2015 file photo, Carlos Ghosn, president and CEO of Nissan Motor Co., unveils the Nissan IDS Concept vehicle in the media preview for the Tokyo Motor Show in Tokyo. Scandal-plagued Mitsubishi Motors Corp. may have a suitor, Nissan Motor Co., headed by auto-industry turnaround guru Carlos Ghosn. Both companies acknowledged Thursday, May 12, 2016, they were in talks on various issues, including a possible partnership involving stake ownership. AP/Shuji Kajiyama

12 Mei 2016 00:00 WIB

Mitsubishi Motors Corp's vehicles and a passer-by are reflected on an external wall at the company headquarters in Tokyo May 23, 2013. Mitsubishi, however, is weathering the latest in series of major scandals in under two decades after admitting it overstated the fuel economy of at least four of its models - mini cars sold in Japan, including two sold under Nissan's badge. REUTERS/Toru Hanai/File Photo

12 Mei 2016 00:00 WIB

Employees work at the main assembly line of V6 engine at the Nissan Iwaki Plant in Iwaki city, Fukushima prefecture, Japan, April 5, 2016. That admission has badly hit Mitsubishi, wiping $3 billion off its value and bruising a brand already losing market share. REUTERS/Yuya Shino

12 Mei 2016 00:00 WIB