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.
The negotiations include whether Nissan will join a new unit Renault is creating to house its electric-vehicle assets in exchange for the French car maker winding down its stake in Nissan.
