Hon Hai's Approach Prods Honda-Nissan Talks
Tokyo, Dec. 19 (Jiji Press)--Japan's Honda Motor Co. and Nissan Motor Co. accelerated preparations for negotiations including on their possible business integration after Taiwan's Hon Hai Precision Industry Co. approached Nissan for a capital partnership this autumn, it has been learned.
Former Nissan official Jun Seki, now Hon Hai's chief strategy officer for electric vehicle business, was involved in this move by the Taiwanese company, informed sources said. Seki left the Japanese automaker after he battled Nissan President Makoto Uchida for the top post at the firm in 2019.
(2024/12/19-15:32)
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