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 ...

French carmaker Renault will report an extraordinary loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor in the first half, it said on Tuesday, writing down its years-long ...

Renault SA is open to reducing its stake in Nissan Motor Co. as the partners bargain over the French automaker’s plan to split its electric-car and combustion-engine vehicle assets, according to ...

Japanese car maker Nissan will buy a stake of up to 15% in Renault's electric vehicle (EV) unit Ampere, the pair said on Monday, in a reboot of a long and sometimes contentious alliance that will ...

The French carmaker said it would change the way it accounts for its stake in its long-term Japanese partner, based on Nissan ...

RNLSY will post $11B loss after revaluing its Nissan stake, aiming to cut earnings volatility without altering its outlook.

Renault said it planned to sell a 5% stake in Nissan back to the Japanese carmaker for up to $824 million.

Carmakers Renault and Nissan have agreed to restructure their longstanding partnership, with the French company whittling down its stake in the Japanese firm to 15%.

The market value of Nissan is currently about 1.3 trillion Japanese yen, which is approximately 9.1 billion dollars, Reuters writes.

NSANY plans to trim its stakes in Renault to fund new vehicle development as part of a broader restructuring push.

Renault, on the other hand, has been gradually reducing its stake in Nissan, held in a French trust, since 2023, following a restructuring of their alliance to ensure a more balanced equity ...