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Joint venture between Nissan and Mitsubishi Motors marks 10 years

TOKYO, Jun 1, 2021 - (JCN Newswire via SEAPRWire.com) - The joint venture between Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, NMKV Co., Ltd., has marked ten years since its founding. Nissan and Mitsubishi Motors established NMKV on June 1, 2011 as a 50/50 joint venture engaged in product planning and project management for minivehicles sold in the Japan market. NMKV, with the combined strengths of Nissan and Mitsubishi Motors in fields such as product planning and development, design, and purchasing, aims to consistently deliver competitive products to customers. As of May this year, combined sales of vehicles produced under the joint venture have reached a cumulative total of 1.52 million units.Nissan and Mitsubishi Motors collaborate closely from the product planning stage while pursuing distinct designs that embody the two brands. This results in models with a high level of competitiveness that fuse the knowhow and advanced technologies of the two companies. Models from both brands have earned high acclaim, with many winning prestigious awards. The latest Nissan ROOX and Mitsubishi eK space and eK X space were awarded "K Car of the Year" in the 2020-2021 Car of the...