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Nissan, Renault, Mitsubishi to Form New Body to Discuss Alliance

Nissan, Renault, Mitsubishi to Form New Body to Discuss Alliance

   Tokyo, March 10 (Jiji Press)--Nissan Motor Co. <7201>, Renault SA and Mitsubishi Motors Corp. <7211> plan to form a new organization to discuss their alliance strategy in an effort to avoid concentrating power in the hands of one executive, informed sources said Sunday.
   The new body, which will be attended by top executives from the three automakers, is expected to discuss a broad range of issues, from parts purchasing and research and development to ways to strengthen the three-way alliance.

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AFP-JIJI PRESS NEWS JOURNAL


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