TOKYO (Reuters) – Nissan Motor Co. <7201.T> may sell its 34% stake in Mitsubishi Motors Corp <7211.T> in what would be a fundamental change in a three-way alliance that also includes French car maker Renault SA
Nissan is considering looking for potential buyers, which could include other shareholders such as trading company Mitsubishi Corp <8058.T>, because it is worried it may struggle to recover from a downturn caused by the coronavirus pandemic, Bloomberg said.
“There are no plans to change the capital structure with Mitsubishi,” Nissan said in an emailed statement.
(Reporting by Tim Kelly; Editing by Jacqueline Wong)
