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Honda's solo act turns risky in alliance-happy car industry

It is the only major Japanese carmaker without a strategic partner; analysts question its go-it-alone strategy

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Honda president and CEO Takahiro Hachigo, like his predecessors, isn't a fan of big alliances that involve equity stakes. Because of that, Honda lacks the economy-of-scale benefits of lower research, production and parts costs enjoyed by its rivals.

Tokyo

HONDA Motor Co's go-it-alone strategy looks increasingly risky as an alliance-happy car industry scales up to cope with the soaring investment needed for self-driving vehicles, electrified power trains, connected-car technologies and artificial intelligence.

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