Denso and Silicon Valley technology company Xperi will jointly develop next-generation driver status monitoring systems aimed at the commercial vehicle market as well as Level 3 autonomous cars. The Japanese automotive supplier said it will work with FotoNation, an Xperi company, to significantly improve the driver status monitoring systems it is already making. The technology Read More..
Toyota Motor has formed a partnership with Denso, Ericsson, Intel and NTT to better handle the huge data volumes that are expected to move in and out of tomorrow’s cars. The carmaker also said it had formed a dedicated “Connected Technologies” unit for its North American division. The big data consortium’s objective is “to develop Read More..
Denso has agreed with other shareholders to take majority control of Fujitsu TEN, a Japanese maker of infotainment and automotive electronics equipment. Fujitsu TEN currently is majority owned by electronics group Fujitsu, which has a 55 pc stake in the company. Carmaker Toyota Motor holds 35 pc and Denso has a 10 pc stake. Following Read More..
Automotive suppliers are in the midst of a strategic reorientation marked by high investment and stepped-up merger and acquisition activity, according to a new study by Berylls. In 2015, companies especially targetedÂ emissions technologies, autonomous driving systems and alternative powertrains, the strategy consultants said Merger and acquisitions examples cited include Robert Bosch’s battery technology startup SEEO Read More..
A new ranking of the world’s 100 biggest automotive suppliers surprisingly puts Germany’s Continental at the top of the list, above mainstays such as Robert Bosch and Denso. The ranking, published by Germany’s Automobil Produktion, looks at revenue – in dollars – generated directly by sales to the automotive industry and doesn’t consider a company Read More..
“The world has changed,” said a Bosch spokesman, adding that there is no longer any business justification for the German automotive supplier’s equity holding in Denso. Bosch acquired a 5.4 pc shareholding in Japan’s biggest automotive supplier in 1954 because it wanted to get access to the local market and do business with Japanese automakers. Read More..
Swedish supplier Autoliv has pleaded guilty for its role in a price fixing conspiracy and will pay a 14.5 million fine, the US Department of Justice (DOJ) said in a press release. Autoliv has admitted its role in a conspiracy to fix prices of seatbelts, airbags and steering wheels delivered to a carmaker in the Read More..
Japanese automotive supplier Denso, Korean components maker Mobis and management consultancy Accenture have joined the GENIVI alliance, the association said in a press release. GENIVI is an association of automotive and electronics companies that drives the development and adoption of an open in-vehicle infotainment reference platform. The group hopes that further standardization of in-car infotainment Read More..