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(Nikkei BP Group)

(No.1 High-Tech News Site in Japanese)

  • Nissan, Others to Develop Intelligent Transport System
  • December 14, 1998 (TOKYO) -- Nissan Motor Co., Ltd. Hitachi Ltd. and Unisia Jecs Corp. said they will begin feasibility studies to jointly develop an intelligent transport system.
    To facilitate the joint development project, a representative for the three companies said Hitachi is studying the feasibility of taking equity in Unisia Jecs and dispatching executives to the firm.

    The Dec. 7 issue of Nikkei Shimbun reported that Nissan, the largest stockholder of Unisia Jecs with 29.6 percent of all shares issued, will sell slightly more than 10 percent of its holding shares to Hitachi. But Nissan said the company has yet to decide on the percentage.

    The three firms said they plan to develop jointly the next-generation system that emits a jet of liquid fuel, hybrid and electric cars, break-related systems, electric power steering and other steering-related systems, as well as a comprehensive vehicle control system comprising all of these newly developed systems.

    (Nikkei Mechanical)

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    Updated: Sun Dec 13 01:57:19 1998 PDT