HAMAMATSU -- Major Indian auto parts supplier Samvardhana Motherson International plans to soon acquire Atsumitec, a Honda Motor-affiliated transmission and engine components maker hoping to navigate the transition to electric vehicles.
Business deals
India's Motherson closes in on deal for Honda-affiliated auto parts maker
Atsumitec to tap group's broad portfolio for new businesses amid EV shift
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Atsumitec President Hideyuki Suzuki will continue to lead the company after its acquisition by Motherson. (Photo by Rion Katsumi)
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