Toyota supplier Denso mulls domestic expansion in as yen weakens

Oct 9, 2014

Toyota supplier Denso mulls domestic expansion in as yen weakens

Denso Corp. is giving Prime Minister Shinzo Abe a reason to believe his weak-yen policy will eventually boost investment by manufacturers. The parts maker, Toyota Motor Corp.’s biggest supplier, said it is considering expanding production in Japan. “It’s possible to maintain a certain level ...

Aug 21, 2014

Denso hit with $2 million fine over bid-rigging in Canada

Denso Corp., the nation’s largest manufacturer of electronic auto parts, said Thursday it had been fined $2.45 million Canadian dollars (¥200 million) by a court in Canada for breaking the competition law by rigging bids on transactions in several kinds of auto parts. The ...

China hits 12 Japanese auto firms with fines in price-fixing probe

Aug 20, 2014

China hits 12 Japanese auto firms with fines in price-fixing probe

China announced Wednesday that it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country’s auto industry. Beijing has launched a series of investigations of global automakers and technology ...

Jul 1, 2014

Denso exec heads to jail in U.S. price fixing

A Denso Corp. executive will serve about a year in a United States prison after admitting to fixing the prices of auto parts in the U.S. and elsewhere, the Justice Department said Monday. The executive conspired to fix the prices of vehicle instrument panel ...

Feb 21, 2014

Ex-Denso exec to be jailed in U.S. over obstructing cartel probe

A former executive of Japanese auto parts maker Denso Corp. will be jailed in the United States after pleading guilty to obstructing a 2010 investigation of a price-fixing allegation, the U.S. Justice Department said Thursday. The move was part of the department’s probe of ...

Jul 19, 2013

Denso mulls tie-up with Sharp; Makita also eyes investment

Top car parts maker Denso Corp. is considering a business and capital tie-up with ailing electronics maker Sharp Corp. to reduce development and investment costs, a Denso executive said Friday. Denso, affiliated with Toyota Motor Corp., could invest several billion yen if it decides ...