According to a report from Liberty Times, citing Yomiuri Shimbun, Honda Motor Co. and Nissan Motor Co. announced in late 2024 that they were entering discussions on a potential integration, aiming to establish a new joint venture company by 2026. Since Nissan holds a 24% stake in Mitsubishi Motors, ...

In 2017, Google acquired part of HTC’s smartphone business team for USD 1.1 billion. Today, a similar deal has been announced. According to TechNews, HTC has signed an agreement with Google, under which Google will pay USD 250 million. The agreement includes the transfer of some members of HTC’s...

Despite tightening U.S. export controls on AI chips, China seems to be making strides in its AI development, fueled by strong government investment and local expansion. A report from Economic Daily News, citing Financial Times, suggests Huawei is aiming to expand its market share by promoting self-d...

According to a report from MoneyDJ, citing Japanese media outlet Yomiuri Shimbun, Japanese auto giant Nissan Motor plans to implement layoffs in Japan. The company is set to halt production of a commercial vehicle model at its Shonan plant in Kanagawa Prefecture, leading to hundreds of job cuts. ...

According to a report from MyDrivers, citing Reuters, sources suggest that Chinese automakers are closely monitoring Volkswagen Group’s plans to shut down its factories in Germany. Acquiring one of these facilities could offer Chinese carmakers a valuable opportunity to enhance their presence with...