
TOKYO -- Mitsubishi Motors has agreed to join alliance partners Nissan Motor and Renault in a wide-ranging tie-up with Germany's Daimler that includes next-generation technology and production cooperation.
Mitsubishi Motors' board has formally approved entering into a partnership with the German automaker. While Nissan, Renault and Daimler all have investments in each other, Mitsubishi is not considering a capital tie-up with the Mercedes producer.