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Nissan And Mitsubishi Expand OEM Business.


Tokyo, Japan, Apr 3, 2007 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) 
 Newswire) - Nissan Motor Co., Ltd., and Mitsubishi Motors Corp. today announced that they have agreed to expand their current business collaboration by enhancing the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  (Original Equipment Manufacturing) contract scope.

Under the expanded OEM agreement Mitsubishi will supply Nissan the "TOWNBOX" minicar min·i·car  
n.
A very small car, especially a subcompact.

Noun 1. minicar - a car that is even smaller than a subcompact car
, 4,000 units per year. And Nissan will supply Mitsubishi the "AD/AD Expert" light commercial vehicle, 3,000 units per year.

Mitsubishi has supplied Nissan the "Clipper" (the Mistubishi "Minicab min·i·cab  
n.
A minicar used as a taxicab, especially in England.


minicab
Noun

Brit an ordinary car used as a taxi

Noun 1.
") LCV LCV League of Conservation Voters
LCV Light Commercial Vehicle
LCV Large Cap Value (finance)
LCV Leukocytoclastic Vasculitis (acute pustular psoriasis)
LCV Longer Combination Vehicles
, the "Otti" (Mitsubishi "eK Wagon") minicar, but this is the first time for Nissan to supply Mitsubishi.

The agreement will allow both companies to improv A multidimensional Windows spreadsheet from Lotus that allows for easy switching to different views of the data. Data are referenced by name as in a database, rather than the typical spreadsheet row and column coordinates. Improv was originally developed for the NeXt computer.  productivity through the expanded sacel fo economy, and better cater customers with a richer mix of model lineups that meet customer needs.

About Mitsubishi Motors Corporation

Mitsubishi Motors Corporation (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com .

About Nissan Motor Co., Ltd.

Nissan Motor Co., Ltd. was established in 1933 to manufacture and market the Datsun, a small passenger car, and related automotive components. The company markets a wide range of passenger cars, commercial vans, trucks and buses, parts and components in over one hundred and seventy countries. The company has also expanded its operations to include forklifts, textile machinery and other industrial machinery and equipment. Nissan's affiliation with French automaker Renault in 1999 has helped produce Nissan's best results in a decade. The company has three hundred and forty two consolidated subsidiaries worldwide.

Source: Mitsubishi Motors Corporation

Contact:
Mitsubishi Motors Corporation
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6719-2111


Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2007 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Date:Apr 3, 2007
Words:327
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