Nissan Motor Co Ltd refuted reports that it is in talks with Apple Inc. about a tie-up for its autonomous car project.
According to reports, the iPhone maker has been negotiating with Nissan in recent months.
However, their brief discussions reportedly faltered over Nissan’s reluctance to become an Apple car assembler and that the talks had not advanced to senior management level.
While noting that it is not in talks with Apple, a Nissan spokeswoman emphasized that the Japanese carmaker explores collaborations and partnerships to accelerate industry transformation.”
Early-stage talks between Apple and Hyundai Motor Group over autonomous electric cars also recently collapsed on concerns within the South Korean automaker about becoming a mere contract manufacturer.
The auto industry does not have a major contract manufacturer.
Apple is aiming to produce a passenger vehicle that could utilize its breakthrough battery technology by 2024.


Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand
Muji Owner Ryohin Keikaku Stock Soars After Raising Full-Year Earnings Forecast
TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings
Richemont Q1 Sales Beat Forecast as Cartier Demand Drives Strong Growth
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report
Taiwan Mangoes Head to Europe as Premium Fruit Exports Expand
BHP Faces Major Port Hedland Strike as Labor Talks Stall Ahead of Production Report
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target
Genesis Minerals to Acquire Vault in A$5.6 Billion Deal After Regis Withdraws
Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook
Nippon Paint Reportedly Offers Up to €7.5 Billion for Akzo Nobel Decorative Paints Business
Volkswagen Launches €28,000 ID. Cross EV as Europe’s Electric Vehicle Demand Accelerates
Paramount-Warner Bros. Discovery Merger Faces Lawsuit From 12 States
Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX 



