Nissan to take control of Mitsubishi.
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Thread: Nissan to take control of Mitsubishi.

  1. #1
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    Default Nissan to take control of Mitsubishi.

    Thought this news would have made it on to A/F before this.

    http://www.nydailynews.com/autos/new...icle-1.2634145

    Does this mean our Carlos becomes CEO of Mitsubishi as well as the Renault Nissan Alliance.

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    1000+ Posts Kim Luck's Avatar
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    Renault only owns 43.48% of Nissan, which is only a "controlling interest" if the rest of the shareholders are divided.
    Last edited by Kim Luck; 13th May 2016 at 09:07 PM.
    Don't it always seem to go that you don't know what you've got 'til it's gone............

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    Quote Originally Posted by Kim Luck View Post
    Renault only owns 48% of Nissan, which is only a "controlling interest" if the rest of the shareholders are divided.
    Bit of a side step here,

    Does the French gov't still own Renault,,?

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    1000+ Posts Kim Luck's Avatar
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    Quote Originally Posted by 59 Floride View Post
    Bit of a side step here,

    Does the French gov't still own Renault,,?
    08/04/2015;

    The French state will increase its stake in the company from 15pc to around 19.7pc with the acquisition of approximately 14 million shares.
    Don't it always seem to go that you don't know what you've got 'til it's gone............

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    Nissan gets 34%, subject to approval. Nissan to take 34% stake in Mitsubishi Motors - BBC News

    The French state owns 19% of Renault. The company has interests in other manufacturers beside Nissan, eg Mack.

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    1000+ Posts Kim Luck's Avatar
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    Quote Originally Posted by seasink View Post
    The company has interests in other manufacturers beside Nissan, eg Mack.
    Or more specifically the Volvo group....
    Don't it always seem to go that you don't know what you've got 'til it's gone............

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    Veni Vidi Posti 68 404's Avatar
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    Quote Originally Posted by Kim Luck View Post
    Or more specifically the Volvo group....
    Maybe Volvo Truck, not Volvo cars.

    Dave
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    1000+ Posts Kim Luck's Avatar
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    The Volvo Group is: One of the world’s leading manufacturers of trucks, buses, construction equipment, marine and industrial engines.
    Don't it always seem to go that you don't know what you've got 'til it's gone............

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    Volvo car is owned by Geely?

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    Veni Vidi Posti 68 404's Avatar
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    Quote Originally Posted by Fingers View Post
    Volvo car is owned by Geely?
    Correct.

    The truck arm is completely different.

    Dave
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    Hi,
    The vehicle industry is in a continuous state of flux now. I would like a summary of brand ownership on a, say quarterly period, so I can keep up with who owns what.
    The owners change but does it actually help the brands or just the fianciers at the helm.

    Perhaps it was just as bad 100 years ago as the weak went under and strong bought out the bones left and that may have been just the brand names and factory
    Jaahn

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    I'm sure that in the first decade or so of the 20th century it was much like that. Lots of obscure French brands for example. There's a similar story with motor scooters in Italy after WW2 - literally hundreds of brands.

    In fact it has always been going on, and not just within nations, GM taking over Vauxhall in, was it the 1920s? Morris taking over one brand after another, Citroen acquiring Mors and Panhard, and on and on.

    It is confusing....
    JohnW

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    I thought Renault sold Mack and its Volvo shares to help finance its purchase of its percentage share of Nissan.

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    Quote Originally Posted by Sunroof View Post
    I thought Renault sold Mack and its Volvo shares to help finance its purchase of its percentage share of Nissan.
    I also thought that they were right out of Mack and Volvo.
    JohnW

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    I find it amusing that it was Nissan that 'blew the whistle' on Mitsubishi's fraudulent mpg figures in the first place.

    That action (and the ensuing fallout) is what caused MMC's plummeting share price which has seen Nissan pounce.

    On a positive note, if they start to share underpinnings and mechanicals, perhaps we could end up with an AWD Megane RS at some stage in the distant future.

    The EVO AWD system is one of the very best around, and it would allow Renault to compete with the Focus RS and Merc A45

    Of course Mitsubishi will probably claim there EVO does 40mpg and the mechanically identical Renault will do 37mpg....

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    1000+ Posts gerry freed's Avatar
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    These groupings have a more serious effect than those of the early industry. Because of the enormous economies of scale in today's largely automated manufacture and the high fixed cost of design and tooling, bigger volumes mean lower unit costs and so a more competitive price of cars. The bigger you get the better you are able to squeeze others out of the market. A positive feedback effect. Currently the four largest manufacturers by volume are
    VW, GM, Toyota and Nissan-Renault-Avtovaz-Mitsi. Together they make well over half the world's total car production.
    There is a good argument that states that eventually there will only be three or four mass volume manufacturers and a number of specialist constructors.
    Think Global - Ride on Spheres

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    1000+ Posts REN TIN TIN's Avatar
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    Quote Originally Posted by gerry freed View Post
    These groupings have a more serious effect than those of the early industry. Because of the enormous economies of scale in today's largely automated manufacture and the high fixed cost of design and tooling, bigger volumes mean lower unit costs and so a more competitive price of cars. The bigger you get the better you are able to squeeze others out of the market. A positive feedback effect. Currently the four largest manufacturers by volume are
    VW, GM, Toyota and Nissan-Renault-Avtovaz-Mitsi. Together they make well over half the world's total car production.
    There is a good argument that states that eventually there will only be three or four mass volume manufacturers and a number of specialist constructors.

    So, the Button plan goes global.
    He said there was only room for 3 car manufacturers in Australia, now it's 3 in the world and none in Australia.
    Kenfuego likes this.
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    Must be hard for a motor executive getting up in the morning, looking in the mirror and deciding what brand you will assume for the start of the day.....

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    Quote Originally Posted by Kenfuego View Post
    Must be hard for a motor executive getting up in the morning, looking in the mirror and deciding what brand you will assume for the start of the day.....
    Even harder for French fanatics who purchase their cars.

    It may have French badge but who really made it ?

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    Icon12 Yeah we do love our French Cars......unlike some.

    Quote Originally Posted by robmac View Post
    Even harder for French fanatics who purchase their cars.

    It may have French badge but who really made it ?
    French fans like the taste and flavour unlike some that get the gristle and grump.

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    Taste and Flavor that comes at high maintenance cost.

    French has become too rich for my blood in my latter years.

    And that "gristle and grump" becomes sweeter with a long warranty, roadside assist, capped service. And around 5l/ 100k. With any number of independent experts after my business.

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    The VAG warranty and expensive capped service is something that turns me off buying one (and like you I have considered it).

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    1000+ Posts robmac's Avatar
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    Quote Originally Posted by seasink View Post
    The VAG warranty and expensive capped service is something that turns me off buying one (and like you I have considered it).
    Yes, the capped price is more expensive than Toyota. But that is the way of it , so is the car.

    I wonder what find wrong with a 5 years manufacturers warranty with 5 years roadside assist?

    VAG vehicles definitely aren't for you, as you repeatedly tell us. They don't pass your "bum" test. Either in ride nor fitment.

    And you have stated you don't like DSG trans either.

    So why could consider owning any VAG vehicle.

    And why should you bellyache about warranty terms, since you don't own nor are intending to own any VAG vehicle?

    EDIT:

    Expensive Capped price Service ? What are you on about ?

    Nissan to take control of Mitsubishi.-capped-service.jpg

    Cheaper than Citroen!
    Last edited by robmac; 18th May 2016 at 04:54 PM.

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    Rob, this is a French forum. I don't push other makes even though I own some. Yes I did consider a VAG car carefully. They don't all have iffy DSG. For several reasons including continuing cost I didn't go further. My NRMA membership is quite reasonable nowadays.

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    Quote Originally Posted by seasink View Post
    Rob, this is a French forum. I don't push other makes even though I own some. Yes I did consider a VAG car carefully. They don't all have iffy DSG. For several reasons including continuing cost I didn't go further. My NRMA membership is quite reasonable nowadays.
    Then don't negatively comment and criticize others that have done their own cost assessments.

    There you go again, read some VAG enthusiast forums and will find DSGs aren't iffy these days.

    Remember it was not me who introduced VAG vehicles, by name into this thread. I simply followed your lead.

    It's also very convenient to cite "it's a French car forum" when the discussion gets hard to refute.

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