TOKYO -- Mitsubishi Corp. and top Australian auto dealer Eagers Automotive have entered into a capital and business alliance, with the Japanese trading house investing the rough equivalent of 12 billion yen ($81 million).
Business deals
Mitsubishi to spend $81m on tie-up with Australia's largest auto dealer
Alliance will create new joint venture to support used-vehicle sales
Easyauto123, a used-vehicle subsidiary of Eagers, will become a subsidiary of a new holding company established jointly between Eagers and Mitsubishi. (Easyauto123)
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