Top Toyota Executive Calls for Collaboration Among Japan's Automakers
Koji Sato, Toyota’s chief industry officer and chairman of JAMA, has urged Japanese automakers to collaborate more closely in response to growing competition from Chinese manufacturers. He emphasized the need for standardizing components like plastics and wire harnesses across major carmakers such as Toyota (TM), Honda (HMC), Nissan, Mazda, Subaru, Mitsubishi, and Suzuki.
Topics: collaboration cost efficiency global competitiveness Japanese automakers