TOKYO -- Nissan Motor Co. is prone to pull out from a enterprise capital fund it runs with alliance companions Renault and Mitsubishi Motors, as a part of the Japanese automaker's drive to chop prices and preserve money, two sources mentioned.

Nissan will formally decide on whether or not to depart the fund, Alliance Ventures, by the top of this month, the 2 Nissan insiders advised Reuters, declining to be recognized as a result of the data has not been made public.

The doubtless transfer comes after Nissan's junior accomplice, Mitsubishi Motors Corp., advised an alliance assembly final week that it could now not proceed to inject cash into the fund, one of many individuals mentioned.

The choice to depart the Amsterdam-based fund was all however a finished deal, the opposite individual mentioned, including: "After all we're out. The home is on hearth."

A Nissan spokeswoman mentioned it was hypothesis and declined to remark. A Mitsubishi spokesman mentioned no choice had been made.

The transfer comes as Nissan -- which has seen its earnings stoop...