Renault agrees to cut stake in Nissan to 15%

Nissan set to invest in Renault's new electric vehicle company Ampere

French automaker Renault and its alliance partner Nissan of Japan have reached a deal that will put the two companies on an even footing in their capital tie-up. (Source photo by AFP/Jiji)

KENYA AKAMA and SOTARO YUMAE, Nikkei staff writers

January 30, 2023 12:35 JST

Updated on January 30, 2023 15:54 JST

TOKYO -- Japanese automaker Nissan Motor and its French partner Renault have reached an agreement to reduce the latter's stake in Nissan, Nikkei learned Monday.