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Top Nissan exec Jun Seki announces exit abruptly, to join EV maker Nidec
The company's shares fell 3.1% to 633 yen, the lowest since 2011, as of the close Wednesday in Tokyo.
PSA Group and Nidec enter into JV to set up electric motor venture
The aim of the joint venture is to make high-performance 'electric traction motors' for PSA Group and potentially other carmakers, the companies said
