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 March they had agreed to reduce their required minimum stake in each other to 10% from 15%.

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 Group on Monday said that it would acquire the remaining 51 per cent shareholding in the Renault- Nissan Automotive India Private Ltd (RNAIPL). The majority stake in the RNAIPL is ...

Nissan has agreed to sell its majority 51% stake in its Indian joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL), allowing Renault to take a 100% stake in the company.

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

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%. The two Japanese carmakers said Wednesday ...

Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10% from 15%. Selling a 5% stake in Renault would raise about 100 billion yen ($640 million ...