2016 mitsu lancer LS 3

Representatives at Mitsubishi Motors Australia Limited (MMAL) have expressed confidence in the future of its business – its inclusion into the Renault-Nissan Alliance is set to bring new product through platform-sharing, revitalising its ageing lineup.

Officials told CarAdvice said the benefits would mostly go towards building a stronger product portfolio, concurring with comments made earlier this week by Nissan co-CEO Hiroto Saikawa – who said that Mitsubishi could jointly develop platforms together with the alliance.

“Platform sharing will bring major cost savings,” said MMAL executive marketing director Tony Principe, adding that technology sharing would enable a “quicker and more cost-effective introduction of new technologies,” in order to enhance the competitiveness of future products.

The economies of scale is expected to be spread over 10 million vehicles, and other areas of the business would also benefit from its expansion. “The sharing of various business areas, such as parts and accessories, servicing, finance, etc. will add further to the overall proposition,” Principe said.

It is also said that the aim of the alliance is to produce “higher quality, lower cost product,” with “new technologies able to be introduced more quickly” in a cost-effective manner.

Such a move would be good news for Mitsubishi’s product line, which features a number of models that are getting a little long in the tooth. The Lancer, which last saw a full model change in 2007, would be a prime example, and the next-generation model could be based on the alliance’s Common Modular Family (CMF) that currently underpins the Renault Megane and the Nissan Pulsar, Qashqai and X-Trail.

Co-development of the next-generation Nissan NP300 Navara and Mitsubishi Triton, due around 2021, could also be possible, given that Saikawa said during a conference call on Monday, “Segments of joint platform development could include pick-up trucks in the ASEAN market, where MMC has particular expertise.”