A marque caller Nissan car is displayed connected the income batch astatine Golden State Nissan connected March 26, 2025 successful Colma, California.
Justin Sullivan | Getty Images
Nissan Motor shares tumbled connected Tuesday aft Mercedes-Benz announced plans to offload its 3.8% holding successful the Japanese automaker.
Tokyo-listed shares of Nissan declined arsenic overmuch arsenic 6.7% earlier paring immoderate losses to commercialized 6% lower.
Mercedes-Benz's pension spot volition divest its involvement worthy astir $346 cardinal successful Nissan Motor, a institution spokesperson reportedly said connected Monday.
The spokesperson added that Nissan holdings, which were moved into pension assets successful 2016, were not strategically important portion framing the merchantability of the remaining 3.8% involvement arsenic portion of a portfolio cleanup. Nissan involvement makes up 2.7% of the company's full holdings, with Diamler Truck constituting astir 93%.
Mercedes-Benz is Nissan's second-largest shareholder aft Renault — 35.7% involvement — LSEG information showed.
The determination puts further strain connected the Japanese automaker's banal that has been nether unit from U.S. tariffs, declining income and the modulation to electrical vehicles amid steep planetary competition, successful peculiar from Chinese rivals.
Late past year, the steadfast entered short-lived discussions with Honda implicit a imaginable concern that would person formed the world's third-biggest carmaker, but negotiations fell isolated successful February.
In May, the institution announced plans to slash 11,000 jobs and unopen down 7 plants. Nissan CEO Ivan Espinosa said successful June that the company's short-term focus was to hole the struggling automaker arsenic it undergoes large restructuring.
In July, U.S. car tariffs were lowered to 15% from the antecedently announced 25% successful immoderate alleviation for Japanese automakers including Nissan. The archetypal 25% tariff was halved to 12.5%, earlier adding a 2.5% "Most Favored Nation" basal tariff, taking the full to 15%.
Nissan shares person declined much than 29% truthful acold this year.
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