The Latest Breaking News from Foxconn

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.

Foxconn, a name usually known for assembling iPhones, has joined the AI arena by launching its own AI model called FoxBrain. It is built on Meta's Llama

Nissan's falling out with Honda was just as unexpected as talks of its potential merger. Yet, somehow, it felt inevitable—neither brand seemed interested in a true 50/50 partnership. Soon, rumors arose that the deal was to avoid a hostile takeover from Taiwanese electronics giant Foxconn. Ironically, Nissan may now tap a…

Japanese carmaker’s shares rise almost 10% after reports that a group wants US EV firm to put in money

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.

Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit sales behind Toyota and Volkswagen.

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.

Tired of politics yet? It's only February, so buckle up. On Today's episode of America, the EV tax credit is once again in the spotlight. Not only are lawmakers looking to end the $7,500 credit for new vehicles, but they're also suggesting repealing the tax credit and adding a $1,000…

In the automotive sector, there is talk of a possible new alliance. After saying goodbye to Honda, Foxconn has not ruled out buying Renault's 36% stake in Nissan. However, the company, which is the world's largest producer of electrical and electronic components for OEMs, has made it clear that its…

We should know more about the state of the Honda-Nissan merger by tomorrow when the two companies announce their quarterly earnings. Reports of the deal’s demise surfaced last week, again putting Nissan’s future in question. However, Foxconn could serve as the potential lifeline the company needs, except the Taiwanese electronics…

"Pride goeth before destruction, and a haughty spirit before a fall," reads the Book of Proverbs, chapter 16, verse 18. I'm no Biblical scholar, but I think it's unlikely King Solomon wrote that line about Nissan. But you have to admit it fits in this context—especially since "pride" at Nissan is being cited as a reason…