"Nihon Keizai Shimbun" reported on June 5 that all 14 auto and motorcycle companies in Japan, such as Toyota and Nissan, will have uniform specifications for parts with high versatility and in-vehicle semiconductors. We will promote the standardization of components and components that will be targeted during the year to reduce the development and production costs of components. The entire industry will work together to reduce duplication of investment and enhance the competitiveness of Japanese cars. At the same time, the move is also intended to counter European companies leading in the development of international standards for automotive-related technologies.
Four truck companies including Toyota, Nissan and Honda, and four truck companies including Hino Motors, Yamaha Engine and Kawasaki Heavy Industries will jointly establish an "International Standards Symposium". Steel sheets, steel materials, and resin materials used for vehicle bodies, and semiconductors for controlling automobiles are expected to be the targets of uniform specifications. In addition, we will discuss the development of wireless communication standards required for the autopilot technology that will be unveiled in 2020. It will be equipped to the new car in turn within a few years.
Japanese auto companies have previously designed parts and components in accordance with their own specifications and ordered them from cooperative companies. In order to cope with the fierce price competition, the small-scale car is the center, and related manufacturers have begun to promote standardization in some parts such as steel plates and automotive semiconductors. By reducing the number of raw products, etc., it has achieved the effect of reducing the procurement cost of parts by about 5%.
However, with the focus on large companies such as Toyota and Nissan, the investment burden of cutting-edge technologies such as fuel cell vehicles and self-driving cars has increased dramatically. In emerging market countries, due to the low price of local special vehicles, the price competition is increasing, so it is decided to promote the implementation of uniform specifications in the industry as a whole.
In Europe, Volkswagen and Daimler and other vehicle companies, large parts manufacturer Bosch and other German companies are working together to standardize parts and specifications to reduce parts development and production costs.
Japanese car companies will also compete in this way. Funds earned through cost cutting will be invested in cutting-edge technology development. If you can use the same specifications and materials for production, each component company can also enjoy the advantages of scale. At the same time, as similar quality parts will increase, price competition will become more intense, and the survival of the fittest and restructuring of the parts industry may also accelerate.
In addition, companies will promote the standardization of wireless technologies that are essential for autonomous driving to accelerate the formation of new markets. Selling to the emerging market countries with Japanese standards as an international standard will enable Japanese companies to take advantage of competition with overseas companies.
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