Supplier begins adapting to a future with self-steering carsMon, 20, Feb 2017
JTEKT agrees to pay $62.5M to settle class-action lawsuits over price-fixingWed, 12, Oct 2016
Automotive-parts supplier JTEKT agreed to pay $62.5 million to settle class-action lawsuits over price-fixing allegations. JTEKT will pay $47.5 million to U.S. consumers, the company said Wednesday, and the remaining $15 million is expected to be paid to dealerships in two suits.
Toyota Group suppliers grapple with yen's impact on profitsFri, 29, Jul 2016
Toyota Group suppliers posted mixed financial results in the April-June quarter, reflecting varying levels of success coping with adverse exchange rates in the wake of the yen's sharp rise following the U.K.'s Brexit vote.
Driverless cars spell danger for one of world’s top part makersTue, 22, Dec 2015
2 suppliers steer in opposite directionsMon, 21, Sep 2015
JTEKT targets diversification and steer-by-wire technologyMon, 03, Aug 2015
JTEKT Corp. is not just the world's biggest supplier of steering systems, it is the world's 19th largest auto parts supplier, period. Yet to President Tetsuo Agata, his company is still not a “real global company.” Of JTEKT's 40 top executives, for example, only one is a non-Japanese.
Executives from Japan's NSK, Jtekt indicted in U.S. for price-fixingFri, 14, Nov 2014
Two more executives from Japanese auto suppliers have been indicted as part of the Justice Department's long-running investigation into price-fixing in the auto parts industry, the government said today.