Nissan and Mitsubishi Plan Deeper Ties, Expand OEM Projects

Japan's Nissan Motor Corp. and Mitsubishi Motors today announced that they plan to deepen their business ties by establishing a new minicar joint venture in Japan and further expanding their OEM projects, to save costs and increase their competitiveness in the global car industry.
Under the new agreement, the automakers will build more cars for each other under what is known in the industry as an "original equipment manufacturer" or OEM partnership.

In particular, Nissan will provide a light van/wagon to Mitsubishi for the Japanese domestic market, while Mitsubishi will offer an SUV to Nissan for markets in the Middle East. In addition, discussions are ongoing for Nissan to provide Mitsubishi with upper-end segment models for the Japanese domestic market.

The two companies added that they are studying the establishment of a 50:50 joint venture for product planning and engineering of mini cars for the Japanese market, as well as the manufacture of the current generation of Nissan Navara pickup truck at Mitsubishi Motors' plant in Thailand.
Further down the line, the two companies said they are evaluating the manufacturing and engineering collaboration of a new generation one-ton pickup truck.

Nissan President and CEO Carlos Ghosn said: "This agreement is important for Nissan as it supports our expansion in emerging markets, meets immediate capacity needs overseas, and enables us to grow our mini car business in Japan. Our relationship with Mitsubishi demonstrates the ability of the Renault-Nissan Alliance - with its network of global partnerships - to constantly evolve and create new win-win relationships with other companies in function of specific needs and shared objectives".

Mitsubishi Motors President Osamu Masuko said: "Amid the drastically changing economic and market environments, Mitsubishi Motors is in partnership with PSA Peugeot Citroën in the areas of SUVs and EVs, and is always searching for other optimal solutions suited for each area of our business. This agreement to expand our business cooperation with Nissan is founded on our good business relationship since 2003, through several OEM agreements of mini cars and commercial vehicles. I believe that the expansion of our OEM agreement will complement each others' regional characteristics and product lineup, and the one-ton pickup and mini car projects will be the best solution to strengthen each others' competitiveness".

Carscoop Reports Live from the Tokyo Auto Salon 2011 [Day 3]

Ok, we're here live at the 2011 Tokyo Auto Salon in Japan getting as many photos as possible (and maybe some videos too). Bookmark this page and keep checking back for the updates as they come rolling in through the hand-held God machine that Steve Jobs created.

We'll be getting some high-quality photos as well, but they'll be coming through a bit later as I'm currently a one-man band, out in the realm of sushi, Gundam, VIP rides, and love hotels.

Remember to take into account that I'll be 14 hours ahead of Eastern Standard Time, but it should be an adventure full of cars, chicks in short shorts, perverts with professional-grade photo/video equipment, and maybe even some drifting on Day 2. Stay tuned, it's gonna get busty...I mean busy. Follow the break for our live coverage.

By Phil Alex

*All photos Copyright © Carscoop / Phil Alex

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The Sweeter Side of the Tokyo Auto Salon 2011

Almost every show has them and the Tokyo Auto Salon is no exception. We're talking of course about the booth professionals. We'll be bringing you more spicy pictures from the floors of the Tokyo tuning show later on, but for now, here's a taste of some the lovely ladies that smiled at Phil our camera.

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Tokyo Auto Salon 2011: Nissan 350Z Poses as a Porsche Drag Queen with a Panamera Face...

The Tokyo Auto Salon is always a blast featuring all sorts of unique tuning proposals, like this here Porsche wannabe. When our Tokyo show man Phil sent us the above photo, we assumed it pictured a Porsche -possibly a Boxster- wearing some kind of extreme bodykit. We were quickly proved wrong, however, when he sent over an image of the interior as well as short video, and revealed that the Porsche Panamera-faced tune was actually a Nissan 350Z Roadster!

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Tokyo Auto Salon 2011: Notice anything Strange with this Picture?

Those of you who stayed with us last night (East Coast time), probably followed Phil's live coverage of the first day of the Tokyo Auto Salon 2011, which runs from January 14 to 16. We'll have more from the Makuhari Messe convention center tonight, but for now, we'd like to draw your attention to this particular photo.

At first, you'll probably focus on the glitzy, star-studded Mercedes SL roadster with the gold grille, but look a bit closer on your right and you may see something very strange and perhaps disturbing...

Lexus Launches CT 200h in Japan to Boost Domestic Sales

Lexus has added the new CT 200h dedicated hybrid model to its Japanese line-up in an attempt to boost flagging sales in its home market. The company's first entry in the premium-compact segment is also its cheapest offering with prices in Japan ranging from 3.55 million yen to 4.33 million yen (about US$42,600 to US$52,000).

Originally designed with European customers in mind, the CT 200h has also made its way to North America as well as China, with more countries to be added to the list. In the U.S., the CT 200h is priced from $29,120.

The five-door hatchback from Lexus features the same hybrid powertrain as the Prius mating a 1.8-liter Atkinson cycle combustion engine with an electric motor, nickel-metal-hydride battery and a generator. Lexus said that using the 10-15 test cycle of the Japanese Ministry of Land, Infrastructure, Transport and Tourism, the CT 200h returned a fuel efficiency of 34 km/lt (equal to 79.9 mpg US or 2.9 lt/100km).

The company said it plans to sell around 1,500 units a month of the CT 200h in Japan.

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New Honda Fit Shuttle: Leaked Brochure Reveals Station Wagon-Like Model

A bonanza of allegedly official brochure photos showing a new, station-wagon-like variant of the Japanese domestic market [JDM] Fit have leaked onto the internet. Named the Fit Shuttle, the car appears to be based on the recently refreshed Fit (Honda uses the Jazz nameplate in Europe, Australia and other international markets) featuring a longer body with taller roofline and a redesigned rear end.

As you can see in the brochure shots, the Fit Shuttle will be offered in two flavors, a Hybrid version powered by the same IMA system with a 1.3 liter i-VTEC engine featured on the five-door hatchback model, and a more powerful variant with a regular 1.5-liter gasoline unit.

According to the Japanese media, the Fit Shuttle will be introduced in its home market within the next few weeks with sales to start around March. We'll follow the story and keep you posted on any updates.

Kudos to J.F. for the tip!

Sources: Ryuji & Mincara

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Toyota Prius Tops Corolla's 1990 Record as Japan's Best Selling Model in 2010

The Toyota Prius has set a new sales record in Japan as the automaker delivered more than 315,000 units (final figures will be released by the Japan Automobile Dealers Association in mid-January). of the gas-electric hybrid model in 2010, overtaking the Corolla for the first time in two decades. The previous annual record was held by the Corolla which sold around 300,000 units in 1990.

The record was achieved despite the fact that new vehicle sales in Japan aren't expected to surpass the 5 million mark in 2010, compared to around 7.8 million units delivered in 1990 when the Corolla set the previous record.

However, it should be noted that sales of the Prius were partially boosted by the Japanese government's subsidies and tax incentives for the purchase of eco-friendly cars, which lasted through September 2010.

As of December 2010, the Prius has remained Japan's top-selling model for 19 consecutive months.

Noblesse Wings Up Honda CR-Z Hybrid Sport Hatch

Japanese tuner Noblesse has been steadily releasing numerous aftermarket bits and pieces for the new CR-Z ever since Honda launched its hybrid sport hatch . Among other parts, the company has developed a ground aero-kit with front and rear bumper aprons, side skirts, a rear diffuser and a large roof wing. These can be complemented by a lightweight carbon fiber hood, underbody aero parts, larger alloy wheels and a sport exhaust system. You can check out photos of Noblesse's Honda CR-Z offerings along with a video of a test car doing a circuit round right after the jump.

Source: Noblesse , Via: Farm of minds

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