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 ...

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, ...

When automotive giant General Motors fell on challenging economic times, the lingering trend adversely affected its supply chain as well, including the U.S. division of a Japanese company ...

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, ...

With the introductionof the 370Z, Nissan brought forth improved performance in nearly all aspects-from more displacement and power to improved acceleration and deceleration. An improvement in ...

In this asbestos action, Plaintiff George Sweikart alleged that his mesothelioma resulted from exposure to asbestos-containing products, including brakes and clutches from defendant Akebono Brake ...

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 (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, ...