Apple may use Foxconn or Magna as contract manufacturing partner for Apple Car
In January, there was a lot of scuttlebutt about Apple talking to various car manufacturers over the Apple Car (Project Titan). It seemed like Apple wanted to find an existing carmaker that would build an Apple-branded car to their specification.
Bloomberg says those talks have mostly fizzled out as carmakers do not want to be reduced to a mere contract manufacturer in the supply chain. Instead, Apple is likely to turn to contract manufacturing specialists like Foxconn or Magna. This would be a repeat of the iPhone playbook.