What many may not know, Nissan and Mitsubishi have been working together for the past several years, mostly overseas, sharing components and whole vehicle platforms.

The two currently have several OEM agreements for vehicles in the Japanese market, including for tiny kei cars and commercial vehicles.

Today, Nissan and Mitsubishi have announced that they plan to expand their current scope of cooperation towards new projects, with a focus once again on the minicar and commercial vehicle segments, but this time on a global scale.

Initially, Nissan will supply a compact van to Mitsubishi for the Japanese domestic market and in return will receive an SUV model for sale in the Middle East.

While this is nothing to rave about, there are currently talks in place for Nissan to provide Mitsubishi with premium models. Further down the track, the two are even looking at sharing capacity at idle factories and establishing a 50:50 joint venture for product planning and engineering of new kei cars.