Nissan shares fall 4% on report Renault exploring stake sale

  div classBodysc17zpet90 cdBBJodivpTOKYO Reuters – Shares of Nissan Motor Co Ltd dropped 4 in early trade on Monday, following a report that its top shareholder Renault SA is exploring a potential stake sale.p

  pBloomberg reported on Friday that Renault may consider lowering its stake in Nissan as part of its plans to separate its electric vehicle EV business.pdivdivdiv classBodysc17zpet90 cdBBJodiv

  pRenault has been pushing ahead with plans to split its EV and combustion engine businesses as it seeks to catch up with rivals such as Tesla and Volkswagen p

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  pp Reporting by Mariko Katsumura Editing by Christopher Cushing and Uttaresh.Vp

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