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Nissan Could Nab Foxconn Exec For Its New CEO

  • Nissan may appoint a Foxconn executive, Jun Seki, as its new CEO in the wake of CEO Makoto Uchida's struggles after failed merger talks with Honda.
  • Jun Seki, a former Nissan executive and current EV strategist at Foxconn, is being considered by Nissan for the CEO role to orchestrate a financial turnaround and potentially rekindle the Honda merger.
  • Seki, with over 30 years of experience at Nissan, left to work for Foxconn and could play a crucial role in Nissan's partnership with the Taiwanese manufacturer towards EV production.
  • Nissan's move towards Seki indicates a potential tie-up with Foxconn, raising questions about a new alliance that may involve Honda.
  • Volkswagen's ID. Every1 will be the first to use Rivian's software, representing a significant shift for VW towards a more powerful software architecture.
  • VW's partnership with Rivian aims to enhance its software capabilities, moving away from its glitch-prone in-house software towards Rivian's tech stack.
  • General Motors faces legal challenges over data privacy issues, with lawsuits accusing GM of secretly selling driver data from OnStar-equipped vehicles to insurance companies without explicit consent.
  • GM's 'Smart Driver' program, monitoring driving habits, allegedly failed to disclose the true intention of data collection to owners, leading to increased insurance rates for some drivers.
  • Arkansas and Texas are taking legal action against GM for data privacy violations related to the sale of driver data, with concerns raised up to the U.S. Senate for investigation.
  • The lack of small, zippy EVs like hot hatches in the American market prompts discussion about the desire for more compact, high-performance electric vehicles to diversify the EV landscape.

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