(MENAFN) On Sunday, Nissan Motor Co. Ltd. completed its acquisition of a 34% stake in Mitsubishi Motors (MMC), which makes it its largest shareholders.
Nissan Chairman and Chief Executive, Carlos Ghosn, announced that Nissan and MMC will collaborate on joint purchasing and expansion of the companies' combined presence in both developed and emerging markets.
Ghosn said: "The combination of Nissan, Mitsubishi Motors and Renault will create a new force in global car-making."
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