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Nissan Motor Co., Ltd. (NSANF)
- The Telegraph
Only economic ‘war footing’ can beat Biden’s subsidy blitz
Britain must shift to economic “war footing” with a wave of reform or risk being left behind by President Joe Biden's massive programme of subsidies, business leaders will warn on Tuesday.
- Reuters
Analysis-Renault cuts Nissan stake, shedding conglomerate discount may be tougher
Renault SA has taken big steps to simplify its complicated alliance with Japan's Nissan Motor Co, but still faces a tough road ahead to escape the conglomerate discount that has long dogged its shares. The retooled agreement, details of which were announced at a presentation in London on Monday, will see Nissan investing in a stake of up to 15% in Renault's new electric vehicle unit, Ampere. Renault, as previously announced, will cut its Nissan stake to 15% from around 43% now.
- Bloomberg
Renault, Nissan Revamp Opens Up Chase for New Partners
(Bloomberg) -- Renault SA and Nissan Motor Co. are finally done reshaping their complex relationship. The new status: better, but still complicated. Most Read from BloombergQuakes Kill 2,500 in Turkey and Syria; Millions Lose PowerTurkey’s South Hit by a Second High-Magnitude EarthquakeUS Moves to Recover Chinese Balloon While Weighing RetaliationDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesChina Moves From Contrite to Confrontational Over US BalloonFollowing almost a year of discu
