Panasonic’s Automotive Influence Grows as Company Takes Over Supplier

The company once known mainly for its televisions is growing ever-longer tentacles into the automotive industry. Panasonic, which is already a major battery supplier for electrified vehicles, has bought a majority stake in a Spanish auto parts supplier, giving it a larger foothold in the automotive realm. Reuters reports Samsung has decided to purchase an extra […] The post Panasonic's Automotive Influence Grows as Company Takes Over Supplier appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA