Nissan explores break-up via Mitsubishi Motors stake sale

Nissan, struggling to recover from the pandemic-induced downturn, could sell its stake to a Mitsubishi group company such as Mitsubishi Corp

Nissan may sell some of its stake in Mitsubishi Motors.

Nissan is reportedly looking to sell some or all of its 34% stake in Mitsubishi Motors, in a move that would reshape a three-way alliance that includes France's Renault.

“There are no plans to change the capital structure with Mitsubishi,” a Nissan company spokeswoman said. A Mitsubishi Motors spokesman said the same, adding the company would continue to collaborate within the alliance.