Japan's Nissan Motor Co. Ltd. now admits to a parent net loss of US$294 million for the last fiscal year, three times the amount the struggling company first indicated. Does this mean that Renault SA, the French carmaker that just tied the knot with Nissan to the tune of US$5.4 billion for a 36.8% controlling stake (and 22.5% in truckmaker Nissan Diesel Motor Co. Ltd.), plans to bolt? Not likely. Just about everyone in the industry predicted Nissan's books were not entirely transparent ...
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