Nissan shares slump 6% after Mercedes-Benz stake sale move

Shares in Nissan Motor Co. slumped about 6% on Tuesday after Mercedes-Benz announced plans to sell off its roughly $346 million stake in the Japanese automaker, adding fresh pressure on a company already grappling with steep losses and declining sales. At 2 pm in Tokyo, the shares were down by 5.98% at 341 yen, down […]