Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports

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Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports
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Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of their strategic partnership, Nikkei reports, adding the three firms intend to standardize in-vehicle software that controls cars

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Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of their strategic partnership, Nikkei said, adding the three firms intend to standardize in-vehicle software that controls cars. On Thursday, the company slashed its annual outlook after heavy discounting in the U.S. almost completely wiped out its first-quarter profit.

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