After Renault, Japan's Nissan sells its stake in German carmaker Daimler

After Renault, Japan's Nissan sells its stake in German carmaker Daimler

A logo of Nissan Motor Co is seen on a steering wheel as a woman drives her car in Golfech, southwestern France. REUTERS/Regis Duvignau

Japan’s Nissan Motor said on Tuesday it was selling its roughly 1.5% stake in German carmaker Daimler through an accelerated bookbuild offer, following a similar move by alliance partner Renault in March.