TOKYO/CHENNAI, India -- Japanese trading house Mitsubishi Corp. will enter the car sales business in India this summer, taking a stake of more than 30% in an Indian company that operates car dealerships in the South Asian nation.
Automobiles
Mitsubishi Corp. to set up car dealer network in India
Japanese trading house to take 30%-plus stake in local company
Honda vehicles are displayed at an auto show in New Delhi on Feb. 1. Mitsubishi Corp. plans to sell Japanese cars in India through an investment in a local company. (Photo by Ryosuke Hanada)
Read Next
Latest on Automobiles
