Asia Techonomics: Stronger Together - Japan's Automakers Team Up Against China
Former rivals cooperate and develop components together. But there are also opportunities for foreign manufacturers in "Team Japan plus".
Japan's automotive industry is seeking to standardize certain components, such as wiring harnesses, hoses, and steel types, in an effort to reduce complexity and costs. Currently, suppliers must meet around 70,000 specifications for these parts from the seven domestic automakers. Koji Sato, former Toyota CEO and current vice chairman of the JAMA industry association, is advocating for a "Japan Standard" for these components, which would allow for greater efficiency and cooperation among manufacturers.
The proposed standardization would not affect vehicle design or driving experience, which would remain unique to each brand. Nissan CEO Ivan Espinosa has expressed support for the idea.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
