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Reuters
Apr 09, 2025

Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

Foxconn Chief Strategy Officer for EVs Jun Seki made the remarks ahead of a seminar in Tokyo on Wednesday where the contract manufacturer aims to lay out its EV strategy to Japanese companies.

Business

Web Desk Karachi
Mar 11, 2025

Ivan Espinosa to succeed Makoto Uchida as Nissan CEO from April 1

At 46 years old, Espinosa faces the significant challenge of revitalizing Nissan’s declining performance and securing a business alliance following the breakdown of the proposed merger with Honda Motor Co.

Business

Web Desk Karachi
Mar 11, 2025

Nissan shifts focus to product development in search for strategic partnership

The recent collapse of a potential collaboration with Honda Motor Co. has led to renewed interest from Hon Hai Precision Industry Co., which had previously shown a desire to acquire Renault SA’s stake in the troubled Japanese automaker.

Business

Web Desk Karachi
Feb 27, 2025

Nissan CEO Uchida’s departure looms as company grapples with financial losses

Nissan’s board of directors is exploring potential candidates to succeed Makoto Uchida, a company veteran of 22 years who has served as CEO since late 2019.

Business

Web Desk Karachi
Feb 14, 2025

KKR said to weigh Nissan investment after Honda talks end: Bloomberg

The US-based private equity firm is in the early stages of evaluating an equity or debt investment to improve Nissan’s financial position.

Business

Web Desk Karachi
Feb 07, 2025

Nissan climbs on reports of Foxconn’s renewed interest in tie-up

Hon Hai, the Taiwanese iPhone-maker better known as Foxconn, was exploring an investment or buyout of Nissan last year but backed off in December after the Japanese carmaker penned a deal with Honda to bring both brands under a single holding company.

Business

Web Desk Karachi
Feb 06, 2025

Nissan looking for a new partner as Honda deal set to collapse: Bloomberg

The fresh ally would ideally be from the technology sector and be based in the US, the people said, asking not to be identified because the information isn’t public.