Deals
Nissan to Seek Large Stake in Struggling Mitsubishi Motors
- Second-largest Japanese automaker may desire minicar capacity
- Fuel-economy scandal now stretching beyond just minicars
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Nissan Motor Co. is seeking a 33 percent stake in Mitsubishi Motors Corp., which has been battered by a scandal over falsified fuel-economy ratings, said people familiar with the matter.
The talks are in preliminary stages, and other companies -- including Beijing-based BAIC Motor Corp. -- are also examining the possibility of buying a stake in the troubled Japanese automaker, said one of the people, who asked not to be identified because the talks are private.