About: http://data.cimple.eu/news-article/6541f58146a0391dacc9a64fbb8ba14962818a7032a0322d15b3b5fe

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About: http://data.cimple.eu/news-article/6541f58146a0391dacc9a64fbb8ba14962818a7032a0322d15b3b5fe Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Nissan on Wednesday announced the sale of its entire 1.54 percent stake in German auto giant Daimler for around 1.15 billion euros ($1.4 billion), following a similar move by its French partner Renault. The Japanese automaker has been trying to become profitable again and recover from the reputational damage caused by the departure of its now-fugitive former leader Carlos Ghosn. Nissan said the divestment will allow it to "further strengthen and enhance its business competitiveness, including investments to promote electrification". Its industrial cooperation with Daimler remained unchanged, the company said, adding: "The two groups continue to collaborate in several areas." In March, Renault also announced the sale of its entire 1.54 percent stake in Daimler after the French automaker booked a record loss in 2020, its performance hit by the pandemic. Nissan has upgraded its full-year forecast, projecting a net loss of 530 billion yen ($4.8 billion) for the fiscal year to March, smaller than its earlier estimate. Nissan, which has maintained its partnership with Renault and Mitsubishi, will announce annual results next week. si/qan
schema:headline	Nissan to sell entire Daimler stake for $1.4 billion
schema:mentions	Carlos Ghosn Nissan Renault Industry French language Japanese language Pandemic Divestment Mitsubishi Daimler AG Japanese yen
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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