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Renault-Nissan and Mitsubishi considering global partnership

The Renault-Nissan Alliance and Mitsubishi have announced their joint intention to explore several new projects covering shared products, technologies and manufacturing capacity among the automakers -- effectively building on the existing partnership between Nissan and Mitsubishi.

The parties have also confirmed their plans to share technologies and product assets related to electric vehicles and latest-generation platforms.

It is expected that two new sedan models would be launched under the Mitsubishi brand, based on vehicles from the Renault portfolio. The first would compete in the full-size D-segment markets of the United States and Canada, while the second would compete in the global C-segment (markets TBD).