Mitsubishi, Nissan Midsize Sedan Tie-Up Stalls

A planned tie-up between Mitsubishi and Nissan has hit a snag. 

Mitsubishi dealers were excited to hear the news that the company would be sourcing a new midsize sedan from Nissan-Renault, but now they surely have a sour taste in their mouths. “I told [our dealers] that the plan has stalled,” said Don Swearingen, executive vice president of Mitsubishi Motors North America. “And I said that’s really all I can tell you at this time.”

Whether or not the plan is stalled temporarily or permanently is unknown, though Swearingen told Automotive News that, “all options are still open.” The new midsize sedan would be a successor to the Galant and would give Mitsubishi dealers some much needed new product.

It remains unclear whether this snag affects the entire deal between Nissan-Renault and Mitsubishi, which is supposed to include other many products and technologies in many markets.

In 2014, Mitsubishi saw a 25 percent rise in U.S. sales and no doubt the brand wants to continue that momentum.

[Source: Automotive News]

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