Hitachi Ltd. and Honda Motor Co. are changing the ownership of their automotive component joint venture Hitachi Astemo Ltd., taking a 40% stake each and bringing in JIC Capital Ltd., which will own ...

TOKYO (Reuters) - Hitachi Ltd <6501.T> will merge its vehicle components unit with Honda's <7267.T> three suppliers in a bid to cut development costs and better respond to a rapid industry shift to ...

TOKYO -- Hitachi will build new electric vehicle components factories in Japan, the U.S. and China by the end of next year in a bid to expand capacity about sixfold and strengthen its position as a ...

TOKYO -- Hitachi and Honda Motor plan to establish a new company and merge four affiliated auto component makers into it, the two Japanese companies announced on Wednesday.

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“When we were deciding upon the location for this warehouse it was important for us to be close to our customers,” said Jeremy Dieterle, VP, parts, in a statement. “While this requires additional ...