|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.67 - 9.93|
|52 Week Range||6.77 - 12.74|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep. 26, 2019|
|1y Target Est||13.03|
The Renault-Nissan-Mitsubishi alliance is set to scrap a role overseeing ties with Daimler in favour of individual relations with the German group, three sources told Reuters, as they try to better manage a partnership that has not met initial hopes. The shift comes as alliance-level executive Jacques Verdonck, who was in charge of the cooperation with Daimler, retires at the end of the month, the sources familiar with the matter said. France's Renault will instead rely on its head of partnerships, Sandra Gomez, while Nissan will do the same with Catherine Perez.
BEIJING (Reuters) -WeRide, a China-based autonomous driving startup, said on Wednesday that it would deepen development with Nissan Motor on autonomous driving technology for the China market as it raised $310 million at a $3.3 billion valuation. WeRide, led by founder Tony Han, is pursuing what is known in the auto industry as a level 4 autonomous standard, in which the vehicle can handle all aspects of driving in most circumstances with no human intervention. WeRide, which is testing vehicles in California, its headquarters in China's southern city of Guangzhou and the central city of Zhengzhou, did not disclose details on the size of the funding.
Japan's Nissan Motor Co will adjust production at several factories next month due to the global chip shortage, three sources with direct knowledge of the plan told Reuters on Tuesday. Japan's third-largest automaker will halt production at a factory in Tochigi, eastern Japan, for a total of three days in July, the sources said, declining to be identified because the plan is not public. It will idle its plant in Kyushu, southern Japan for two days next month, they said, adding that the factory will cancel the night shift as well.