Mitsubishi is on the verge of reversing its decision to exit the European market amid mounting pressure from its Renault and Nissan partners, according to the Financial Times.
The newspaper reports that the Japanese brand could shift production of some European-market models to Alliance factories in France, citing internal sources at the Renault-Nissan-Mitsubishi Alliance with "direct knowledge of the matter".
A preliminary agreement is said to have been reached by the three brands yesterday (22 February), with a final decision due to be made at a Mitsubishi board meeting on Thursday 25 February.
A Mitsubishi spokesperson said the brand has no comment to offer on the speculation.
This breaking news story is being updated.
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