Nissan to Seek Sale of Trading Unit

Nissan is considering selling its subsidiary, Nissan Trading Co, potentially valued at up to a billion dollars. This move is part of a strategy to address financial challenges, including negative publicity and declining U.S. sales. The sale could help Nissan reinvest in other business areas. The company has faced recent setbacks, such as a decade-low operating profit and the resignation of its CEO. The sale is in early stages but has attracted interest from private equity funds and trading companies.

How much could the deal involving Nissan Trading Co be valued at?

What is the reason behind Nissan seeking to sell off one of its subsidiaries?

What challenges has Nissan faced recently that may have influenced its decision to sell?

What impact did the departure of Nissan's CEO have on the company's situation?

In what ways could an asset sale benefit Nissan's business?