Hitachi Restructures, Spinning Off Automotive Systems Business; to Launch Group-Wide Strategies for Li-ion Battery and Renewables Businesses
Green Car Congress
MARCH 16, 2009
In this market, Hitachi has decided to separate its Automotive Systems Group on 1 July and establish it as a new company, with the goal of building a framework that can consistently generate stable earnings as a key Hitachi Group business going forward. The new company will have clearer accountability for generating earnings.
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