World Car News #Update
The Franco-Japanese alliance between Renault and Nissan was founded in March 1999 and together, and the alliance already is the seller of 1 in every 10 cars sold globally. In September 2017, a year after Nissan acquired controlling interest in Mitsubishi, the alliance’s name was changed to Renault-Nissan-Mitsubishi making Mitsubishi an equal partner in the alliance.
Now in January 2018, the alliance is not only the world’s leading plug-in electric vehicle manufacturer, it has pronounced itself world’s top automaker selling an estimated 10.6 million cars thanks to the growing demand on SUVs and electric cars.
The Renault-Nissan-Mitsubishi alliance says collective sales rose 6.5 percent in 2017, the first year full year that Mitsubishi Motors was included in the group.
The group sold vehicles in nearly 200 countries under 10 brands, led by China, the U.S., France and Japan.
Nissan sales grew 4.6 percent to 5.8 million cars, while France-based Renault’s grew 8.5 percent and Mitsubishi’s 10 percent.
Alliance CEO Carlos Ghosn claimed the results make the group the world’s No. 1 carmaker. Volkswagen reported sales of 10.74 million vehicles last year, but Ghosn has said that 200,000 of Volkswagen’s vehicles were trucks that shouldn’t count.