Renault-Nissan and Mitsubishi agree co-operation deal It is expected that two new saloons based on Renault vehicles would be launched as Mitsubishis. The first, to compete in the full-size D-segment markets of the United States and Canada, would be manufactured at the Renault-Samsung plant in Busan, South Korea. Carlos Ghosn, the president and CEO of the Renault-Nissan Alliance, said: "Nissan and Mitsubishi Motors have jointly benefited from several collaborations in the past, most recently the successful joint-venture on Kei cars in Japan. I welcome the direction being taken towards this broader cooperation, creating new opportunities for Renault in addition to further leveraging the productive relationship between Nissan and Mitsubishi Motors. Osamu Masuko, the president of Mitsubishi Motors Corporation, said: "As a result of the development of collaborative projects with Nissan Motor up to now, Mitsubishi Motors is pleased to work again with Nissan and now Renault towards achieving further collaborations. The new opportunities could be described as evidence that the ongoing collaborative projects between Mitsubishi Motors and Nissan have brought positive results. The existing Nissan/Mitsubishi NMKV company was established in June 2011 to co-develop a range of Kei cars for both brands. The first of these, the Nissan Dayz and Mitsubishi eK wagon, went on sale in Japan this year. Both are built by Mitsubishi in Japan. Renault and Nissan have been strategic partners since 1999.