Robert Besser
26 Feb 2025, 09:11 GMT+10
TOKYO, Japan: Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration framework that could also include Nissan and Mitsubishi Motors, Japan's Nikkei newspaper reported this week.
The move comes after merger talks between Honda and Nissan fell through. Earlier this month, Foxconn Chairman Young Liu expressed interest in working with Nissan, even suggesting the possibility of taking a stake in the Japanese automaker.
Taiwan-based Foxconn, best known as the world's largest contract electronics manufacturer and a key supplier to Apple, has been expanding aggressively into the electric vehicle industry.
Get a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationTOKYO, Japan: Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration...
NEW YORK, New York - There was a mix of gains and losses in the United States on Tuesday with tech stocks selling off, and industrials...
HANOI, Vietnam: If the Trump administration pursues new tariffs, a potential wave of job losses could hit U.S. manufacturers operating...
BERLIN, Germany: Audi is moving forward with plans to expand production in North America, and CEO Gernot Doellner said a decision on...
TOKYO, Japan: The Bank of Japan is expected to raise interest rates at least once more this year, likely in the third quarter, bringing...
NEW YORK, New York - U.S. stock markets closed lower on Monday, with the major indexes showing mixed performances as investors digested...
NEW DELHI, India: Google is preparing to open its first physical retail stores outside the U.S., with locations in India likely to...
CUPERTINO, California: Apple is expanding its lineup with a new budget-friendly device, the iPhone 16e, aiming to attract cost-conscious...
U.S. tech giant Apple has announced plans to create some 20,000 jobs and invest $500 billion over the next four years in the United...
Saharanpur (Uttar Pradesh) [India], February 23 (ANI): Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya said the Mahakumbh...
Dhaka [Bangladesh], February 23 (ANI): Bangladesh's Chief Adviser Muhammad Yunus has invited SpaceX CEO Elon Musk to visit Bangladesh...
The billionaire has denied the agencys report on plans to cut Ukraine off Starlink to pressure it into the rare earths deal Tesla...