A new report published recently on Bloomberg has said that the Japanese automakers may have to consolidate into three or fewer groups. The top reason being: Japan’s auto industry is too crowded and to cut on development costs, there may be no more than three companies in Japan like other major markets.
Currently, there are eight...
The post Reports Say That Japanese Automakers May Merge Into Three Or Fewer Groups by 2020 by Baber K. Khan appeared first on PakWheels Blog.