TOKYO -- As new technology shakes up the auto industry, Japan's midtier suppliers are breaking out of traditional alliances and joining to secure the resources and market share necessary to survive in a high-tech era.
Business trends
Japan suppliers break out of traditional auto groups to bulk up
Hitachi and Honda parts makers plan merger to marshal resources for R&D
The Honda Sports EV electric concept car. As automakers prepare for an electric, autonomous-driving future, Japanese parts makers are scrambling to keep up. © Reuters
Read Next
Latest on Business trends
