BYD to take over Japanese die factory -Nikkei

Newswire

TOKYO, March 27 (Reuters) - Chinese car and battery maker BYD Co will buy a plant from a major Japanese metal die manufacturer to enhance its competitive edge in auto production, Japan's Nikkei business daily reported on Saturday. BYD will take over Ogihara Corp's factory in Tatebayashi, Gunma Prefecture, about 70 km (43 miles) north of Tokyo, on April 1, to manufacture high-precision metal dies for use at its Chinese factories, Nikkei said. The purchase amount is unknown, Nikkei said, ...

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