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Nissan and Mitsubishi enter strategic alliance

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Helena HumphreyMay 12, 2016

Nissan has announced that it is to take a 34 percent stake in rival carmaker Mitsubishi Motors. That will make Nissan the LARGEST shareholder in Mitsubishi. The news comes at a time when Mitsubishi is mired in scandal over its rigging of fuel efficiciency tests.

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