Renault-Nissan-Mitsubishi venture capital invests first $50 million in startups

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has accepted five investments in four months amounting $50 million and will present another to its supervisory board in the upcoming week, the fund’s head stated. The alliance stated in January it was establishing the fund with strategies to invest about $1 billion over five years, the recent […]

Renault-Nissan-Mitsubishi to accelerate collaborations in major areas

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

The Renault-Nissan-Mitsubishi alliance stated it would accelerate the merging in between the three companies on how they work in crucial areas, as part of a broader plan to deliver cost savings and increase revenues. The alliance stated it would be planning to extend its convergence in the areas of buying, engineering, production and supply chains, […]