Mercedes-Benz pension trust sells entire stake in Nissan for $324.65 million, leading to a 6% drop in Nissan shares. Investor doubts rise over Nissan’s turnaround amid tariffs and falling sales, reporting a $535 million loss. Nissan’s partnership with Renault allows shareholding reduction from 15% to 10%.

Shares sold at a 5.98% discount, with demand exceeding supply. Renault likely to continue unwinding Nissan stake due to financial constraints. Nissan CEO unveils plan to cut production capacity and sites. Analysts predict Renault will gradually decrease stake as partnership weakens.

Nissan struggles post-Carlos Ghosn’s ousting, facing financial misconduct charges. Renault owns 35.7% of Nissan, with ongoing tensions in alliance. Nissan’s path to recovery in early stages, focusing on cost cuts and profitability restoration. Renault faces restrictions on share selling amid cash constraints.

Read more at Yahoo Finance: Mercedes-Benz offloads Nissan stake for $325 million, source says