FARMINGTON HILLS, Mich. (Feb. 27, 2014) — Akebono Brake Corp. said both its Euro and Performance brake pad lines already are fully compliant with state regulations — which take effect in 2021— for low ...
AFARMINGTON HILLS, Mich. — Akebono Brake Corp. has released a new product line, the Akebono Severe Duty Ultra-Premium Fleet Brake Pads. This release includes six new Severe Duty part numbers: SDF1680, ...
Editor's note: An earlier version of this story had incorrect currency conversions for Akebono's debt waiver and interest-bearing debt. The correct translations are $463 million and $928 million, ...
TOKYO -- Akebono Brake Industry will shut a U.S. factory in December 2025, the Japanese auto parts supplier said Friday, continuing its retreat from a failed expansion in the world's second-biggest ...
Akebono Brake Slovakia (ABSK), a subsidiary of Akebono Brake Industry, held its opening ceremony this week. The supplier will start mass production of brake calliper assemblies in August. The company ...
Akebono Brake Industry Co., Ltd. researches, develops, manufactures, and sells brakes, and related components and parts in Japan, North America, Europe, and other Asian countries. The company offers ...
TOKYO -- Ailing Japanese auto parts supplier Akebono Brake Industry will shut down or sell six factories and eliminate about 3,000 jobs, or 30% of its global staff, under a restructuring plan ...
TOKYO (Reuters) - Japan's Akebono Brake Industry Co Ltd is seeking a capital infusion from top shareholder Toyota Motor Corp and a moratorium on debt repayment as part of a revival plan, sending its ...
TOKYO, July 18 (Reuters) - Japan's Akebono Brake Industry Co Ltd said on Thursday it will receive about $185 million from a corporate turnaround fund to help restructure its money-losing business, ...
TOKYO, Jan 30 (Reuters) - Japan'sAkebono Brake Industry Co Ltd is seeking a capital infusion from top shareholder Toyota Motor Corp and a moratorium on debt repayment as part of a revival plan, ...
Akebono Engineering Center in Farmington Hills will lay off 48 people. The layoffs are expected to be permanent. The company lists declining U.S. business as a reason for the job cuts. Japanese brake ...
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