Nissan shares fall over 6% as Mercedes-Benz plans to shed 3.8% stake
On March 26, 2025, COLMA exhibits a brand new Nissan car in California’s sales area in Golden State Nissan.
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Nissan Motor Mercedes-Benz’s plans to evacuate 3.8% in the Japanese automobile manufacturer after announced on Tuesday.
Nissan shares listed with Tokyo fell to 6.7% before separating some losses to trade 6% lower.
Mercedes-Benz’s retirement confidence will dispose of about $ 346 million in Nissan Motor. A company spokesman said on Monday.
Nissan Holdings, which was moved to pension assets in 2016, is not strategically significant while filling the remaining 3.8% shares as part of a portfolio cleaning. Nissan number constitutes 2.7% of the company’s total assets, and Diams Truck constitute about 93%.
Mercedes-Benz showed Nissan’s second largest shareholder-35.7% share-lseg data after Renault.
Movement is the decrease in sales, which is under the pressure of the Japanese automobile manufacturer’s US tariffs, and especially Chinese competitors, in the midst of global competition to electric vehicles.
At the end of last year, the company Honda and the world’s third largest automobile manufacturer on a possible partnership on a short -lived discussions, but in February, negotiations were torn apart.
Company in May announced He plans to cut 11,000 jobs and close seven plants. Nissan CEO Ivan Espinosa, in June, the company’s short -term focus point is to correct the fighting car manufacturer because it was exposed to major restructuring.
In July, US automobile tariffs, Nissan, including Japanese automobile manufacturers, a little relief was reduced from 25% to 15% previously announced. The original 25% tariff reached a total of 15% before adding “the most preferred nation” base tariff.
Nissan shares have fallen more than 29% so far this year.
