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Renault to Record €9.5B Loss on Nissan Stake

Reuters on MSN · 1d

Renault to report $11 billion loss on Nissan stake in first half

Renault will book a one-off loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor, the French carmaker said on Tuesday, writing down its years-long investment in its Japanese partner that is battling slumping sales.

Euronews on MSN · 1d

Renault reports nearly €10 billion non-cash loss due to Nissan stake

The French carmaker said it would change the way it accounts for its stake in its long-term Japanese partner, based on Nissan’s share price.View on euronews

Bloomberg on MSN · 1d

Renault Takes $11 Billion Non-Cash Loss in Nissan Change

Renault SA will recognize an estimated €9.5 billion ($11.2 billion) non-cash loss after changing the way it accounts for its stake in ailing Japanese carmaker Nissan Motor Co.

4h

Nissan Micra reboot proves small car isn’t dead… it’s a million miles better than old ones & based around superb rival

NOT so long ago everyone was predicting the death of the small car. Ford Fiesta. Ford Ka. Vauxhall Adam. Vauxhall Viva.

1d

Renault to report $11 billion loss on Nissan stake in first half this year

Renault currently owns 35.7 per cent of Nissan, with 17.05 per cent held directly and the rest through a trust ...

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