Nissan Motor Co. is pressing partner Renault SA to sell down a portion of its stake in the Japanese auto maker as part of a grand bargain to reorganize its more than two decade-old alliance with the French car company, according to people with knowledge of the talks.
Top executives from Renault and Nissan have been shuttling back and forth between Japan and France to hammer out the details of the plan with an aim to announce a deal as early as November, some of the people said.
