Today, the troubled automaker announced that, as a part of cooperation agreement signed with the Nissan Group in December 2010, it begin selling a rebadged Fuga, which in the rest of the world is known as the Infiniti M, from next summer.
Even though Mitsubishi had already begun development of a successor to the Diamante, the model’s low sales, which dipped below 10,000 units in its last year of production, along with the company’s economic problems, killed off the project.
According to Mitsubishi, the rebadged luxury sedan will be sold only in Japan and there are no plans to export the car in overseas markets. The Japanese automaker has yet to reveal the flagship sedan's name.
The cooperation between the two companies extends beyond the M sedan, as Mitsubishi has already agreed to sell Nissan’s NV200 van while providing Nissan with the electric Minicab i-MiEV commercial van.
The two Japanese makers have also formed a joint venture for the common development of mini cars for their home market.
Story source: Autonews
