Nissan Explores Sale of European Plants in Electric Shift

Nissan Motor Co. is weighing options about the future of its two plants in Europe as the automaker faces declining sales in the region and an industry shift to electric cars, people familiar with the matter said.

The Japanese manufacturer, which in March said it’ll stop selling the upscale Infiniti brand in Western Europe, is is gauging interest from potential buyers for its factories in the U.K. and Spain, the people said, asking not to be identified because the discussions are private. Divesting one or both facilities is an option as Nissan’s market share in the region has plummeted. While no decisions have been made, potential buyers could include Chinese automakers, the people said.