Denso

Former Denso exec to plead guilty to price-fixing coverup charge

2:27 pm U.S. ET | Feb. 20, 2014
A former Denso executive is expected to serve one year and one day in federal prison after agreeing to plead guilty to one charge of obstruction of justice in the United States government's ongoing price-fixing investigation of auto suppliers.... Read More »

 

Denso raises projection for annual profits by 5.6 percent

10:30 am U.S. ET | Feb. 3, 2014
Denso, the world's second-largest auto supplier, raised its annual operating profit forecast by 5.6 percent, as a weaker yen helped boost exports, resulting in foreign exchange gains.... Read More »

 

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Faurecia, Magneti Marelli team up to capitalize on booming, lucrative HMI sector

Jan. 16, 2014 06:15 CET
Suppliers Faurecia and Magneti Marelli have joined forces to challenge rivals such as Continental, Delphi, Denso and Harman in the booming and lucrative sector for human-machine interface applications.... Read More »

 

Denso plans to expand U.S. headquarters, operations

12:20 pm U.S. ET | Jan. 14, 2014
Denso International America said it is expanding its North American headquarters in suburban Detroit. The supplier purchased a 81,000-square-foot building next to its current campus in Southfield, Mich.... Read More »

 

Bosch, Continental, Denso fined by South Korea for price fixing

6:31 am U.S. ET | Dec. 23, 2013
South Korea's antitrust regulator fined units of Denso, Continental and Bosch a total of $107.99 million, saying they had fixed prices of parts sold to Hyundai and Kia. The fine comes as antitrust regulators from the United States to Europe and Japan crack down on price collusion among auto parts makers.... Read More »

 

Bosch, Continental, Denso fined by South Korea for price fixing

Dec. 23, 2013 12:31 CET
South Korea's antitrust regulator fined units of Denso, Continental and Bosch a total of $107.99 million, saying they had fixed prices of parts sold to Hyundai Motor and affiliate Kia. The fine comes as antitrust regulators from the United States to Europe and Japan crack down on price collusion among auto parts makers.... Read More »

 

Denso acquires 50% of German driver-assistance company

12:01 am U.S. ET | Sept. 26, 2013
Toyota-affiliated supplier Denso is acquiring a 50 percent stake in ADASENS Automotive GmbH, a German producer of driver assistance systems. Denso will work with ADASENS "to help accelerate and advance the development of active safety technologies," Denso said today in a statement.... Read More »

 

Denso acquires 50% of German driver-assistance company

Sept. 26, 2013 06:01 CET
Toyota-affiliated supplier Denso is acquiring a 50 percent stake in ADASENS Automotive, a German producer of driver assistance systems. Denso will work with ADASENS "to help accelerate and advance the development of active safety technologies," Denso said today in a statement.... Read More »

 

Denso signs deal with Sharp to meld auto, home tech

3:27 pm U.S. ET | Sept. 18, 2013
Toyota-affiliated supplier Denso Corp. is looking to blend vehicle technology with home electronics. Denso said today it signed a stock subscription agreement with Sharp Corp. to buy 2.5 billion yen ($25.4 million) of the electronics company's stock to build new technologies that “improve the comfort, safety and convenience of vehicles by integrating vehicle technologies with home electronic technologies.”... Read More »

 

Shrink rap: Auto execs talk smaller game

12:01 am U.S. ET | Aug. 12, 2013
Rising from the financial beating that many took four years ago, automotive manufacturers have a new vision of how to operate in the future that is smaller and cheaper than in the past.... Read More »

 

Denso wants to shrink its factories, invest $1 billion in N.A.

2:27 pm U.S. ET | Aug. 5, 2013
Toyota-affiliated supplier Denso will embark on a new global drive to operate smaller factory lines that handle smaller jobs for customers. The effort will be the key direction in Denso’s plan to invest $1 billion in North American products, research and factories over the next four years.... Read More »

 

Denso expects safety technology boom

12:01 am U.S. ET | Aug. 5, 2013
Denso Corp., the world's No. 2 parts supplier, expects its safety technology business to surge starting in 2015, when tougher European auto safety standards take effect.... Read More »

 

Denso's quarterly profits surge on yen gains

3:28 pm U.S. ET | July 31, 2013
Denso's profits surged in the quarter that ended June 30, in part because of currency gains, as revenue rose on higher vehicle production in North America and emerging markets, the world's second-largest automotive parts supplier said today.... Read More »

 

For giant suppliers, future growth lies far from roots

12:34 pm U.S. ET | July 21, 2013
A new Korean plant built by Toyota affiliate Denso, which will supply Hyundai and its sister enterprises, underscores a shift in the auto parts industry, from suppliers linked closely to one automaker to a handful of global giants that assemble components for multiple automakers.... Read More »

 

Toyota targets fewer parts, complexity to speed product creation

12:01 am U.S. ET | June 15, 2013
Toyota has decided it no longer needs 50 kinds of air bags to protect drivers' knees. Ten, the company says, ought to suffice. In one of President Akio Toyoda's biggest initiatives since taking over in 2009, the company is winnowing the number of parts it uses and increasing common components across models.... Read More »

 

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Tech edge, global reach help European suppliers, CLEPA boss says

June 14, 2013 06:01 CET
Europe is in a deep slump but the head of the region's suppliers group says many partsmakers are growing their businesses because of their global footprints. Another key for Europe's component makers is to maintain their lead on technology, CLEPA CEO Jean-Marc Gales says.... Read More »

 

Two Denso execs to plead guilty to price fixing, U.S. says

May 22, 2013 06:01 CET
Two executives at Toyota-affiliated supplier Denso have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the U.S. Justice Department said.... Read More »

 

Two Denso executives to plead guilty to price fixing, U.S. says

10:54 am U.S. ET | May 21, 2013
Two executives at Toyota-affiliated supplier Denso have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the federal Justice Department said today.... Read More »

 

Denso says quarterly profit drops 5.3%, annual results improve

12:01 am U.S. ET | April 26, 2013
Toyota affiliate Denso, the world's second-largest auto parts supplier, booked operating profit of 74 billion yen ($748 million) for the January-March quarter, down 5 percent from a year earlier when it was still recovering from an earthquake that disrupted production.... Read More »

 

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