Automotive

Nissan Shared Slump 5%

Nissan said they would buy some of whatever Renault sells off, so now they will do so for a lower cost.
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Nissan Shared Slump 5%

French automaker Renault is considering lowering its stake in Nissan. News of the possible shake-up in the two-decade-old alliance led to Nissan shares dropping 5%, their most significant single-day losses since early March. 

Nevermind? In January, the alliance announced plans to work closely together on EV developments. A $26B investment plan was made public that was indented for the next five years.

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