The Latest Breaking News from Foxconn

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…

With Renault’s alliance with Nissan on the rocks, Foxconn could scoop up its 15% interest as part of a plan by the Taiwanese contract manufacturer to expand into the EV market.

Nissan looking for another partner to help shift to electric cars after tensions over perceived imbalance, says source

Nissan’s future reportedly became the sticking point in negotiations, with Honda pushing to make its smaller competitor a direct subsidiary.

The region’s economic ministry said it’s setting up a consultation hotline and consultation services for affected firms.

On Monday, Asian investors finally got to digest a week’s worth of bad news.