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Business

Japanese carmakers take different roads with supplier networks

Nissan plans to sell its stake in Calsonic Kansei, its largest group supplier.

TOKYO -- Japan's big three automakers are taking different tacks with their networks of parts suppliers, with Nissan Motor looking to broaden its horizons while Toyota Motor and Honda Motor forge closer ties with their respective groups.

Nissan Motor plans to sell its 41% stake in Calsonic Kansei -- the largest supplier in its keiretsu, or web of interlinked companies -- to U.S. investment firm Kohlberg Kravis Roberts. KKR aims to acquire the autoparts maker via a tender offer.

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