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ReprintsBosch, Denso to scrap filter joint venture in Poland
Staff and wire reports
Automotive News Europe
May 20, 2009 08:31 CET
Denso Corp. and Robert Bosch GmbH, the world's two biggest auto parts suppliers, will scrap their joint venture to develop and produce diesel particulate filters by the end of this year. "The two companies have agreed that further common activities do not appear to make business sense at the present time, given the currently difficult environment in the global automotive industry," Denso said in a statement on Wednesday. In July 2007, Bosch and Denso said they initially would invest €8 million to build diesel particulate filters in Wroclaw, southwest Poland. The factory site is near a Bosch brake components plant. They formed a 50-50 venture called Advanced Diesel Particulate Filters, which will be disbanded by the end of the year, Denso, Japan's top car parts maker affiliated with Toyota Motor Corp., said. Production of the filters was supposed to start this year ahead of the launch of Euro 5 emission rules due to take effect September 1. The new standards reduce allowed particulates from new cars to five micrograms per kilometer from 25. Currently, ArvinMeritor Inc., Eberspaecher Group, Emitec, Faurecia SA and Tenneco Inc. supply particulate filters in Europe. |
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