Workflow
Nissan car
icon
Search documents
Nissan shares fall over 6% as Mercedes-Benz plans to shed 3.8% stake
CNBC· 2025-08-26 03:08
Core Viewpoint - Nissan Motor's shares have experienced a significant decline following Mercedes-Benz's announcement to divest its 3.8% stake, valued at approximately $346 million, which has raised concerns about the automaker's stability and future prospects [1][2]. Group 1: Shareholder Actions - Mercedes-Benz plans to sell its 3.8% stake in Nissan, which is not considered strategically significant, as part of a portfolio cleanup [2]. - The divestment represents 2.7% of Mercedes-Benz's total holdings, with the majority (93%) being in Daimler Truck [2]. Group 2: Market Pressures - Nissan's stock has been under pressure due to U.S. tariffs, declining sales, and competition from electric vehicle manufacturers, particularly from Chinese companies [3]. - The company has faced challenges in forming strategic partnerships, as evidenced by the failed discussions with Honda to create the world's third-largest carmaker [3]. Group 3: Company Restructuring - Nissan announced plans to cut 11,000 jobs and close seven plants as part of a major restructuring effort [4]. - The company is focusing on stabilizing its operations amid ongoing challenges, with recent adjustments to U.S. auto tariffs providing some relief [4]. Group 4: Stock Performance - Nissan shares have declined over 29% year-to-date, reflecting ongoing investor concerns about the company's future [5].