Taiwan's Foxconn has proposed forming a partnership with Japan's Honda Motor , aiming to create a tie-up framework that also includes rival carmakers Nissan Motor and Mitsubishi Motors , the Nikkei newspaper reported on Friday.
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
The Associated Press on MSN11d
Japanese automakers Honda, Nissan and Mitsubishi end talks on integrating their businessesJapanese automakers Honda, Nissan and Mitsubishi are dropping their talks on a business integration. The automakers said Thursday that they agreed on the move.
The proposed merger between Honda and Nissan has taken an unexpected turn, with reports emerging that talks, initially called off, could be revived. In a surprising move, Honda is reportedly leveraging the situation to push for the resignation of Nissan's president,
Honda, Japan's second-biggest automaker, saw quarterly operating profit come in at 397.3 billion yen ($2.58 billion), versus an average estimate of 403.7 billion yen in a survey of seven analysts ...
The Associated Press - Business News on MSN11d
Nissan projects an annual loss as it drops its talks with Japan rival HondaBesides announcing the dismal results, Nissan Motor Corp. also announced Thursday it was dropping the talks it had started in December with Japanese rival Honda Motor Co. for a business integration.
3don MSN
Sponsor invite Akie Iwai of Japan has shot a 5-under 67 to take a two-stroke lead after two rounds of the LPGA’s Thailand tournament at Siam Country Club’s Pattaya Old Course.
A high-level Japanese group that includes a former prime minister has drawn up plans for Tesla to invest in Nissan after the collapse of its merger talks with Honda, the Financial Times said on Friday.
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