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 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, ...

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 ...

PARIS :Renault will book a one-off loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor, the French carmaker said on Tuesday, writing down its years-long investment in its ...

Nissan barely changed the Renault 5's interior for the Micra, but that's alright as it's already a very nice design. There's a pair of 10.1-inch screens in a blocky shroud at the top of the shelf ...