Japanese automakers continue to expand their offshore presences in order to alleviate the impact of currency fluctuations. In 2013, the eight major Japanese automakers produced around 16.2 million vehicles outside of Japan, up 6.5% year-on-year. But their traditional Japan based suppliers don’t always have the wherewithal to follow them offshore. So Japanese OEMs are increasingly shifting to European suppliers with local operations. Tagging Options Domain: All Sites read more
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European part makers home in on Japanese OEMs
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