Business / Corporate 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 payment ...

National 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 price ...

Business / Corporate 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 on ...