Monday, August 4, 2025
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
Happy With Car
No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS
Happy With Car
No Result
View All Result
Foxconn Wants to Work With Nissan, Not Acquire It

Foxconn Wants to Work With Nissan, Not Acquire It

by admin
February 12, 2025
in New Cars
0 0
0
Share on FacebookShare on Twitter


We must always know extra concerning the state of the Honda-Nissan merger by tomorrow when the 2 firms announce their quarterly earnings. Reviews of the deal’s demise surfaced final week, once more placing Nissan’s future in query. Nonetheless, Foxconn may function the potential lifeline the corporate wants, besides the Taiwanese electronics maker isn’t concerned with buying the struggling automaker, which could higher jive with Nissan’s wants.

In accordance with Reuters, Foxconn chairman Younger Liu advised reporters right now that the corporate is searching for to cooperate with Nissan. The electronics firm needs to broaden its electrical autos enterprise, which former Nissen government Jun Seki is main, nevertheless it’s primarily concerned with offering design and manufacturing providers. Nissan is allegedly open to working with Foxconn, however we don’t anticipate any bulletins till it formally proclaims the top of the Honda deal.



2025 Nissan Murano Review

Photograph by: Jeff Perez / Motor1

Whereas Foxconn isn’t concerned with shopping for a stake in Nissan, it’s additionally not against it if “there’s an operational want,” Liu mentioned. Foxconn makes an assortment of electronics, together with the Apple iPhone, and it wouldn’t be the primary such firm to enterprise into EVs. Chinese language cellphone maker Xiaomi launched the SU7 in 2024.

Particulars concerning the rumored breakup of the Honda-Nissan deal, which ex-Nissan CEO Carlos Ghosn known as a “determined transfer,” proceed to emerge. In accordance with one other Reuters report, Nissan wished almost equal remedy within the discussions, whereas Honda wished Nissan to chop extra workers, placing the pair at an deadlock. Honda additionally allegedly revised the deal’s phrases to make Nissan a subsidiary, believing Nissan wasn’t sufficiently nervous about its struggles.

A companion like Foxconn may enable Nissan to retain its independence, however the automaker is dealing with some important hurdles. Final yr, the automaker minimize its earnings forecast by 70 %, eradicated 9,000 jobs, lowered world manufacturing capability, and offered a portion of its stake in Mitsubishi.



2025 Nissan Frontier Review

Photograph by: Jeff Perez / Motor1

The automaker additionally requested its sellers to promote autos at a loss whereas scaling again Rogue manufacturing, its best-selling mannequin in America by a large margin and the nation’s ninth-best-selling automobile total final yr.

Gross sales for the favored crossover have been down 9.5 % final yr in america, however the model’s total gross sales have been up 3.5 %. The Versa and Sentra, the model’s two least expensive fashions, noticed gross sales bounce 71.7 and 39.8 % year-over-year, respectively. However these don’t rake within the big earnings wanted to face declining world gross sales, rising prices, rising competitors, and an unsure future.  



Source link

Tags: acquireFoxconnNissanwork

Related Posts

Nissan Ariya orders now open
New Cars

Nissan Ariya orders now open

August 3, 2025
The 2026 Lotus Emira Is Better. But It’s Also Pricier
New Cars

The 2026 Lotus Emira Is Better. But It’s Also Pricier

August 3, 2025
Skoda Vision O points to next-gen Octavia
New Cars

Skoda Vision O points to next-gen Octavia

August 2, 2025
Kia Tasman cab-chassis priced | GoAuto
New Cars

Kia Tasman cab-chassis priced | GoAuto

August 1, 2025
Watch the Corvette ZR1X Absolutely Demolish the Nürburgring in Its Record Run
New Cars

Watch the Corvette ZR1X Absolutely Demolish the Nürburgring in Its Record Run

July 31, 2025
Range Rover Sport SV Bespoke program arrives
New Cars

Range Rover Sport SV Bespoke program arrives

July 31, 2025
Load More
Next Post
Concerns over data security as BYD enters South Korea’s EV market, ET Auto

Concerns over data security as BYD enters South Korea’s EV market, ET Auto

Automated Infrastructure Management Solutions Market Size to Reach 4.96 billion by 2034 Growing at 10.8 % CAGR – Insurance Industry Today

Automated Infrastructure Management Solutions Market Size to Reach 4.96 billion by 2034 Growing at 10.8 % CAGR - Insurance Industry Today

Categories

  • Auto News (3,435)
  • Automative Reviews (1,949)
  • Car Brands (2,075)
  • Insurance (3,456)
  • Market (1,614)
  • New Cars (2,179)
  • Technology (2,057)
  • Videos (2,152)
Happy With Car

Find the latest automotive news. Read car news from the auto industry including auto shows, latest vehicles, future cars and more.

Categories

  • Auto News
  • Automative Reviews
  • Car Brands
  • Insurance
  • Market
  • New Cars
  • Technology
  • Videos

Recent News

  • Qualcomm Invests $8 Billion in Indian Automotive Tech to Drive Growth, ETAuto
  • Nissan Ariya orders now open
  • BangShift.com FREE Bonneville Speed Week Livestream: All The Live Racing Action From The Starting Line At Bonneville Speed Week 2025
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Happy With Car

No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS

Copyright © 2020 Happy With Car

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In