Nissan shares fall more than 6 percent after Mercedes sells $346 million stake

Investing.com — Nissan Motor Co., Ltd. (TYO:7201) shares fell sharply on Tuesday after Mercedes Benz Group (ETR:MBGN), the company's second-largest shareholder, announced that it would start selling its stake in the Japanese automaker.

Nissan shares fell as much as 6.5 percent to 338.5 yen. Stocks were the worst-performing asset in the Nikkei 225 index, which lost 1 percent.

Mercedes Benz announced that it will start selling its nearly $346 million stake in Nissan starting this week. The German company stated that these shares have been transferred to the pension unit of Mercedes and are not of strategic importance. The planned sale was characterized as a portfolio cleaning.

Mercedes sold its shares at a price of 341.3 yen per share for a total of $324 million, Reuters reported.

This sale coincided with a period in which Nissan embarked on a comprehensive transformation plan under the leadership of new CEO Ivan Espinosa. The company is focused on returning to profitability by reducing expenses and production capacity.

This development comes after the planned merger with Honda Motor, which would create the world's second-largest automaker, was largely canceled in early 2025.

Nissan shares have lost more than 28 percent so far in 2025. This suggests that investors' confidence in the company's transformation plan is limited. The automaker announced a big loss in the June quarter. In addition, the high trade tariffs imposed by the United States on auto imports are also increasing the pressure on the company.

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