Hitachi Automotive and Tokico Relocate O/E Service Parts and Aftermarket Sales, Distribution, and Warehouse Functions to Compton, CA

TORRANCE, Calif.--Nov. 2, 20052, 2005--Hank Ide, executive vice president and general manager, Hitachi Automotive (USA), Inc.- Los Angeles Plant, today announced that Hitachi will consolidate its original-equipment-service parts and aftermarket sales offices, distribution, and warehouse operations for automotive service parts products in Torrance with Tokico (USA) Inc.'s Rancho Dominguez facility. The firms will relocate their operations to 550 West Artesia Blvd., Compton, California effective November 28, 2005. Hitachi will maintain its manufacturing and administrative headquarters facility in Torrance. The relocation is part of the merger between Hitachi, Ltd, Automotive Systems, TOKICO, Ltd, and Hitachi Unisia Automotive, Ltd. which took effective on October 1, 2004, in Tokyo.

Hitachi Automotive Products (USA), Inc.- Los Angeles Plant, a subsidiary of Hitachi America, Ltd., distributes and remanufactures electrical and electronic automotive components and service parts such as alternators, starters, engine control units, and mass airflow sensors for major OEM, industrial, and high performance aftermarket customers.

www.hap-la.com.

TOKICO (USA) INC., - Rancho Dominquez, a subsidiary of Hitachi, Ltd., distributes and sells shock absorbers and brake hydraulics to high performance and aftermarket customers.

Hitachi, Ltd., , headquartered in Tokyo, Japan, is a leading global electronics company with approximately 347,000 employees worldwide. Fiscal 2004 (ended March 31, 2005) consolidated sales totaled 9,027.0 billion yen ($84.4 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information, please visit the company's Website at http://www.hitachi.com.