TOKYO -- In a bid to accelerate development and cut costs, 10 Japanese automakers and major parts suppliers said Friday they will standardize the way they design vehicles.
Mazda Motor, Toyota Motor, Honda Motor, Nissan Motor and Subaru along with parts suppliers Denso, Panasonic, Mitsubishi Electric, Aisin and Jatco will be the founding members of a new organization created to promote model-based development.
