Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10% from 15%. Under their agreement, any share sale has to be coordinated with the ...

Nissan Motor CEO Ivan Espinosa said that the company plans to reduce the automaker’s stake in French partner Renault, the Nikkei business newspaper reported on Monday.. Nissan and Renault had ...

Nissan Motor Co., Ltd. NSANY plans to reduce its ownership stake in its long-standing French partner Renault SA RNLSY to allocate more resources toward the development of new vehicles. Per Nikkei ...

Renault anticipates a significant loss of about 9.5 billion euros on its Nissan Motor stake. This is due to a change in accounting methods. Both companies are adjusting their two-decade partnership.

Renault is in preliminary discussions with JSW Group for a potential joint venture in India, aiming to enhance its market ...

PARIS: French automobile manufacturer Renault said today that it was booking a €9.5-billion (US$11.2-billion) loss as it shifts how it treats its stake in struggling Japanese partner Nissan in its ...

In early morning European trade, Renault shares rose 5.2% to 46.81 euros. Renault recently agreed to reduce its stake in Nissan to 15% from more than 43%.

Renault is still Nissan’s biggest shareholder with a 36 per cent stake. However, the OEM has been partially unwinding the partnership amid mounting rivalries and mutual suspicion.

TOKYO (Reuters) -Nissan Motor CEO Ivan Espinosa said the automaker plans to reduce its stake in French partner Renault, the Nikkei business newspaper reported on Monday. Nissan and Renault had said in ...