Daimler to sell its entire $364M stake in Renault

Mercedes Citan Tourer — Daimler's partnership with Renault includes the Mercedes Citan van, which is based on the Renault Kangoo. (Mercedes-Benz AG - Global Commun/Daimler AG)

By:

Bloomberg

November 11, 2021 09:33 AM

Daimler plans to dispose of its stake in Renault, the next step in dissolving equity ties forged over a decade ago to cement a three-way partnership between the German automaker, Renault and Nissan.

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