TOKYO— Nissan Motor Co. and its French partner Renault SA said Monday theyNissan and Renault have agreed to a deal under which the French auto maker will reduce its 43% stake in Nissan to 15%, the companies said.
Renault will transfer 28% of its Nissan shares into a French trust, they said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan, Renault reach agreement for Renault to lower stake to 15% -NikkeiNissan Motor Co and Renault SA have reached an agreement to lower the French automaker's stake in the Japanese carmarker to 15% from 43%, the Nikkei business daily reported on Monday. Starting to the end..
Source: Reuters - 🏆 2. / 97 Read more »
Nissan, Renault agree to sweeping overhaul of global allianceNissan Motor Co and Renault SA agreed on Monday to a sweeping restructure of their two-decade-old automaking alliance that will put them on equal footing and see the Japanese company invest in Renault's new electric vehicle business.
Source: Reuters - 🏆 2. / 97 Read more »
Nissan and Hitachi look to power elevators with EV batteriesBi-directional charging using electric vehicles could help during power outages in earthquake-prone Japan.
Source: therealautoblog - 🏆 528. / 51 Read more »