|
Article:
OEM Supply Arrangement for Mini-Vehicles between Nissan and Mitsubishi Increased by: Jenny McLane Mini-vehicles are fast becoming popular especially among the youthful sectors. Not only is it aesthetically pleasing, it is also practical and a great space-saver. In this light, two of the world's top auto manufacturers have beefed up their production and supply agreement of Mini vehicles. Nissan and Mitsubishi have agreed to expand their OEM supply arrangement for Mini-Vehicles. Under this new agreement, Mitsubishi would supply Nissan with an additional mini-vehicle on an OEM basis starting in the first half of fiscal year 2005. With this, the annual mini-vehicle supply from Mitsubishi to Nissan will increase more than two-fold from 20.000 units at present to '56
|