Nissan Could Take Key Stake In Scandal-Hit Mitsubishi Motors

Nissan Motor Co confirmed on Thursday that it was in talks with Mitsubishi Motors Corp over a potential investment, after sources said Nissan was considering taking a controlling stake in its smaller, scandal-hit rival.

Mitsubishi and Nissan, Japan's second-largest carmaker, already cooperate on development and manufacturing with a partnership dating back to 2011, but that deal does not currently involve any cross-shareholding.