Foxconn said to have approached Nissan to take controlling stake [Fortune]
Honda Motor Company, Ltd. (HMC)
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Source: Fortune
Foxconn, which has been investing heavily in factories to build electric vehicles, would be interested in the entirety of the maker of Pathfinders, Sentra sedans and GTR supercars — not just the Japanese firm's plants and equipment, the person said, asking not to be identified because the proposal isn't public. It's not clear whether Nissan has engaged in substantial discussions with Foxconn, or already rebuffed the Taiwanese company's approach. A spokesperson for Nissan declined to comment. A representative for Foxconn wasn't immediately available for comment. News of Foxconn's interest emerged as Honda Motor Co. and Nissan announced they have entered potential merger talks , which would better position the combined company to face competitive challenges around the world, including in China, where both automakers are suffering. The Nikkei reported that Foxconn's interest in Nissan accelerated the two Japanese companies' efforts out of fears that Nissan may be vulnerable to a tak
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News
- The Globe's stars and dogs for the week [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- New car sales to rise in December despite high interest rates [USA TODAY]USA TODAY
- Foxconn Interest in Nissan Said on Hold Amid Honda Merger Talks [Yahoo! Finance]Yahoo! Finance
- Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports [Yahoo! Finance]Yahoo! Finance
- J.D. Power-GlobalData Automotive Forecast December 2024 [Yahoo! Finance]Yahoo! Finance
HMC
Analyst Actions
- 12/18/24 - UBS Group AG
HMC
Sec Filings
- 12/18/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- HMC's page on the SEC website