Nissan seeks sale of auto parts distribution unit in $1b deal

Nissan seeks sale of auto parts distribution unit in $1b deal

A logo of Nissan Motor Co is seen on a steering wheel as a woman drives her car in Golfech, southwestern France. REUTERS/Regis Duvignau

Nissan Motor Co. is seeking to sell a wholly-owned subsidiary that distributes vehicle parts and materials in a deal that may be valued at about $1 billion, as the struggling Japanese automaker seeks to slim down, people familiar with the matter said.

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