Renault’s $11.2 billion loss tied to its Nissan stake adds to tensions in the already rocky partnership
Tuesday, 1 July 2025 ()
French automobile manufacturer Renault said on Tuesday it was booking a 9.5-billion-euro ($11.2-billion) loss as it shifts how it treats its stake in struggling Japanese partner Nissan in its accounts. Renault rescued Nissan in 1999 and the two automakers have held stakes in one another since, in…
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