Hitachi Automotive Systems to form joint venture with Keihin, Showa and Nissin Kogyo

Hitachi Automotive Systems will establish a new joint venture with Keihin Corp, Showa Corp and Nissin Kogyo Co., with Hitachi holding nearly 70% and Honda the rest. The new company is expected to become Japan's third-largest auto parts supplier with sales of ¥1.7 trillion.

“Hitachi Automotive Systems will set up a joint venture with Japan's Keihin Group, Japan's Showa Co., Ltd. and Nissin Industrial Co., Ltd., and Hitachi will become the main shareholder of the new company, with a stake of nearly 70%.”haythink.com

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• haythink.comHitachi Automotive Systems Will Form A Joint Venture With Keihin Corp, Showa Corp, And Nissin Kogyo Co., Japan, Second Only To Denso And Aisin Precision The Third Largest Auto Parts Supplier. - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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