NISSAN MTR SPON AD NSANY:OTCPK OTCPK Companies may follow the International Reporting Standard, Alternative Reporting Standard, or are current in the SEC reporting obligations.
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Sector: Consumer CyclicalIndustry: Auto Manufacturers
While Nissan sells about 4 million vehicles, the combined Renault-Nissan Alliance sells about 10 million, placing the alliance in the top three of all automakers in the world. Nissan's financial services subsidiary provides consumers with auto loans and leases. In addition, the subsidiary also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by French automaker Renault, while Nissan in turn owns 15% of Renault. The Alliance also has controlling interests in AvtoVAZ (Lada) in Russia and Mitsubishi Motors in Japan.
