Renault eyes 35 pct stake in Russia's AvtoVaz, Nissan 15 pct

Newswire

By Chang-Ran Kim TOKYO, June 29 (Reuters) - Renault SA may raise its stake in top Russian car maker AvtoVAZ to 35 percent, while Nissan Motor Co will likely own 15 percent, Renault-Nissan CEO Carlos Ghosn said in an analyst presentation. Ghosn gave the breakdown during a presentation to financial analysts of Nissan's new, six-year business plan on Monday, according to several participants reached by Reuters on Wednesday. The company had previously not publicly disclosed the specific ...

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