Nissan Motor Co. will buy back ¥79.9 billion ($551 million) worth of its shares from Renault SA, part of an agreement to rebalance its alliance with the French carmaker.

Renault is looking to secure a premium payout for its 36% stake in Nissan if Honda moves forward with an acquisition of its Japanese rival.According to a report from Bloomberg, representatives ...

Reuters. FILE PHOTO: A Nissan logo is seen next to a vehicle during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023.

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

Renault and Nissan overhauled an alliance of more than 20 years in 2023, ... Honda and Nissan are aiming to reach a definitive merger agreement for a holding company by the end of June, ...

Per the agreement, any stake sale must be coordinated with the other party and include a right of first refusal. Per Reuters, if Nissan sells a 5% stake in Renault, ...

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 ...

The agreement inked between the two automakers in July 2023 called for Nissan to spend money on the newly established firm. However, Nissan is getting out of the tie-up by the end of next month.

By Dominic Chopping . Renault and Nissan agreed to tweak their 25-year partnership, opening the door to further share sales as Nissan continues to work through an extensive efficiency plan.

Renault and Nissan formed their alliance in 1999 and added Mitsubishi in 2016. Since about the time Carlos Ghosn was fired in 2018 by the principal Japanese alliance partner, Renault began ...