In a statement on Thursday, boards of both Nissan and Honda decided to mutually terminate their memorandum of understanding ...
Foxconn and Nissan already have tenuous ties. Jun Seki is Foxconn’s Chief Strategy for EVs. He was previously Chief Operations Officer at Nissan and was even a candidate to become the automaker’s CEO.
Earlier today, we found out that the merger between Nissan (NSANY) and Honda (HMC) had been abandoned altogether thanks to a ...
Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.
Layoffs - including at US plants - production efficiencies and simplified model lineups target a $2.59 billion saving as ...
They will continue partnering on Mitsubishi Motors and in-house development of batteries, autonomous driving and electric vehicle technology.
Phone manufacturer Foxconn on Wednesday confirmed that it would be interested in taking over French automaker Renault's ...
Honda proposed changing the structure of the intended merger from a joint holding company, as agreed initially, to a deal ...
On Today's episode of America, the EV tax credit is once again in the spotlight. Not only are lawmakers looking to end the $7 ...
From the start, the effort had analysts puzzled as to the advantages to any of the companies, as their model lineups and ...
Foxconn Technology Group, Apple Inc.'s primary iPhone manufacturer, confirmed Wednesday it would consider acquiring Renault's stake in Nissan Motor Co. as part of a broader strategy to expand its ...
The two companies said that Honda sought to make Nissan a subsidiary. That shift angered Nissan’s board, a person familiar ...