Hitachi Automotive Systems and Honda to form electric motor joint venture

Hitachi Automotive Systems and Honda Motor Co. notified the European Commission of a proposed concentration to acquire joint control of a newly created joint venture that will produce and supply electric motors in Japan, China and the United States.

“On 2 June 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which Hitachi Automotive Systems Ltd and Honda Motor Co., Ltd acquire within the meaning of article 3(4) of the Merger Regulation joint control of the Join”publications.europa.eu

• 2 sources
• publications.europa.euC_2017187EN.01006101.xmlJun 13, 2017
• transportwatch.euA prior notification of a concentration has been sent to the European Commission by Hitachi and Honda | Transportwatch.euJun 19, 2017

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