Renault is in talks to reduce its stake in Nissan, hoping to earn Nissan's support for a merger with Fiat, according to emails and people familiar
Top executives at Nissan Motor Co. and Renault SA are trying to hash out a deal to reshape their global alliance, a step top executives at the French car company hope will pave the way for merger talks with Fiat Chrysler Automobiles NV to resume, according to emails reviewed by The Wall Street Journal and people briefed on the discussions.
Nissan wants Renault to reduce its 43.4% stake in the Japanese auto company, the emails show, a move one of the people said is aimed at resolving longstanding tensions between the two car...
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