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Old 03-10-2020, 08:42 AM   #1
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Default Nissan to pull out of venture fund with Renault in cost-cutting drive, insiders say

Filed under: Earnings/Financials,Mitsubishi,Nissan,Renault
Nissan Motor Co is likely to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve cash, two sources said. Nissan will formally take a decision on whether to leave the fund, Alliance Ventures, by the end of this month, the two Nissan insiders told Reuters, declining to be identified because the information has not been made public. The likely move comes after Continue reading Nissan to pull out of venture fund with Renault in cost-cutting drive, insiders say
Nissan to pull out of venture fund with Renault in cost-cutting drive, insiders say originally appeared on Autoblog on Tue, 10 Mar 2020 08:25:00 EDT. Please see our terms for use of feeds.


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