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.
New company to be Japan's third largest auto component maker

The new company that Hitachi and Honda Motor are creating is expected to have sales of 1.7 trillion yen.
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.