You are here

Nissan CEO stirs fear in Mitsubishi factory town

Employees are rattled, suppliers uncertain about future after Carlos Ghosn announces his firm will acquire 34% of scandal-tainted carmaker

Regulators are set to allow Mitsubishi to resume production at its Mizushima plant after the firm's total vehicle deliveries in Japan fell 15 per cent in April and 51 per cent in May.


INVESTORS cheered when Nissan Motor Co chief executive Carlos Ghosn announced in May that his company would acquire a 34 per cent stake of scandal-tainted Mitsubishi Motors Corp as part of an expanded strategic partnership. The reaction has been far less buoyant in Mizushima, an