Toyota supplier buys Nissan-linked peer amid China competition

Parts manufacturers go beyond their own supply chain networks to streamline Tokai Kogyo Holdings and Kinugawa Rubber Industrial Holdings are connected to the supplier networks of Toyota Motor and Nissan Motor, respectively. (Source photos by Nikkei) NAGOYA, Japan — Tokai Kogyo Holdings, a Japanese auto parts company with deep ties to Toyota Motor, has acquired Nissan Motor-linked peer Kinugawa Rubber Industrial Holdings, as Chinese competition spurs auto suppliers to go beyond their close-knit supply networks to realign.

Read the full article at the source →