Nissan stock plunges after Mercedes-Benz pension fund dumps stake

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Nissan Kicks Play Subcompact Crossover SUV display at a dealership. Nissan offers the Kicks in S, SV, Play and SR models.

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Nissan Motor (OTCPK:NSANF) (OTCPK:NSANY) shares fell on Tuesday after Mercedes-Benz (OTCPK:MBGAF) reported plans to offload its 3.8% holding in the Japanese automaker.

Tokyo-listed shares of Nissan declined as much as 6.7% before paring some losses to trade 6% lower.

Mercedes-Benz’s

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