Brief: Japan's IHI: To Dissolve German Subsidiary ICSI After Cancellation Of New Engine Development By European Automakers Amid Electrification
26/09/2024 09:11
Sept 26 (Reuters) - IHI Corp 7013.T :
* JAPAN'S IHI - TO DISSOLVE GERMAN SUBSIDIARY ICSI AFTER
CANCELLATION OF NEW ENGINE DEVELOPMENT BY EUROPEAN AUTOMAKERS
AMID ELECTRIFICATION
* JAPAN'S IHI - ICSI’S FUNCTIONS OF VEHICULAR TURBOCHARGER
BUSINESS IN EUROPE WILL BE TRANSFERRED TO IHI SUBSIDIARY IN
ITALY
Source text for Eikon: ID:nTSuz8ff17
Further company coverage: 7013.T
(Reporting by Kantaro Komiya)
((Kantaro.Komiya@thomsonreuters.com;))
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