Besides Nissan’s taking of the 34% equity stake in Mitsubishi, the alliance agreement calls for one-third of the partnership’s directors to come from Nissan, and for Nissan to nominate Mitsubishi’s next chairman.
Under fire in Japan for overstating fuel-economy claims, the automaker reports an internal audit of ’13 through ’17 model-year vehicles sold in the U.S. confirms previously submitted data to the Environmental Protection Agency was accurate.
Although their product portfolios do not include mobile-phone, computing and general power-grid applications, the battery manufacturers are giants in the auto industry thanks to their connections to Toyota and Nissan.
Despite last year’s record production and sales, the Malaysian Automotive Assn. predicts a 2.5% decline in sales in 2016, reflecting the country’s current sluggish economy, triggered by a fall in crude-oil prices and the weakening ringgit.
“No question about it, Lexus has been successful,” industry analyst Chris Richter says. “They’re competing head-to-head with the stars of the industry. On the other hand, this success hasn’t extended in the same way to other major markets.”
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.