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(Update) Mitsubishi Motors Formally Comes under Wing of Nissan

(Update) Mitsubishi Motors Formally Comes under Wing of Nissan

   Tokyo, May 25 (Jiji Press)--Mitsubishi Motors Corp. <7211> concluded a capital and business alliance with Nissan Motor Co. <7201> on Wednesday, formally coming under the wing of the rival Japanese automaker.
   Mitsubishi Motors also said that Mitsuhiko Yamashita, 63, former executive vice president of Nissan, will become its executive vice president in charge of development on June 24. Yamashita now serves as technical adviser on Nissan's board of directors.

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AFP-JIJI PRESS NEWS JOURNAL


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