TOKYO -- Nissan Motor completed the sale of its 51% share in an Indian joint venture and automobile plant to alliance partner Renault Group for 35.3 billion rupees ($404 million) as part of the Japanese carmaker's restructuring, the company said Friday.
Business deals
Nissan sells $400m stake in India car plant to partner Renault
Japanese automaker's cutbacks leave its Indian production in French ally's hands
Nissan Motor sold its stake in an Indian joint venture factory to Renault as a part of a plan to cut seven plants. (Photo by Ryosuke Hanada)
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