AA Ireland is being sold to a private insurance company.
The business is recovering about £129 Million.
Mitsubishi owners in Japan will get about £700 each from the company to offset calculated losses from false mileage claims over the last decade.
The discrepancy was revealed by Renault Nissan which had models built for them by Mitsubishi and the row led to the resignation of the company’s top executive and a collapse in the business which was picked up by the Franco-Japanese alliance.