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Foxconn Taking Another Run at Auto Industry with Nissan Talks

Foxconn Taking Another Run at Auto Industry with Nissan Talks

Best known for producing iPhone, Taiwan-based Foxconn is making a play for Nissan Motor Co. now that its merger talks with Honda are dead. It’s not the first time the company’s attempted to gain a stake in the Japanese automaker. Find out more at Headlight.News.

Foxconn Taking Another Run at Auto Industry with Nissan Talks

Nissan Gets New Activist Investor, Shares Jump on News

Days after announcing a major acceleration in its plans to cut costs — including eliminating 9,000 jobs — Nissan Motor is getting a bit of a boost. Courtesy of a regulatory filing, it was revealed Effissimo Capital Management took a 2.5% stake in late September. Find out what it means and why shareholders are excited at Headlight.News.

Nissan Slashes 9K Jobs, Cuts Production 20% After Disastrous First Half of 2024

Nissan Slashes 9K Jobs, Cuts Production 20% After Disastrous First Half of 2024

Nissan Motor Co.’s struggles not only continued in the first half of fiscal year 2024, they worsened. The results forced the automaker to make dramatic moves to shore up losses, including slashing 9,000 jobs worldwide and cutting production by 20%. Find out more what happened at Headlight.News.