Major auto companies have announced layoffs. According to a report from Reuters, citing sources, Porsche AG has decided to cut an additional 1,900 jobs across the company in the next four years after determining that a previously implemented program was insufficient. As noted by the report, Porsc...

According to a report from Commercial Times, after the failed merger plan between Honda and Nissan, speculation arose regarding whether Foxconn would acquire Nissan. On February 12, Foxconn Chairman Young Liu addresses these concerns, stating that for Foxconn, this is not an acquisition but a collab...

According to a Reuters report citing sources, following the reported termination of merger talks between Nissan and Honda, Nissan is now actively exploring new partnerships, with Taiwan's Foxconn emerging as a contender. As the report notes, Nissan is interested in partnering with technology firm...

According to Kyodo News citing sources, Nissan Motor's President informed Honda Motor on Thursday of the company's intention to terminate merger talks, marking the end of an initiative that could have established the world's third-largest automotive group. If Nissan's decision to terminate merg...

According to a report from Liberty Times, citing Yomiuri Shimbun, Honda Motor Co. and Nissan Motor Co. announced in late 2024 that they were entering discussions on a potential integration, aiming to establish a new joint venture company by 2026. Since Nissan holds a 24% stake in Mitsubishi Motors, ...