TOKYO -- Troubled Japanese automotive supplier Akebono Brake Industry will accept a 20 billion yen ($185 million) infusion from a domestic rescue fund and ask lenders to waive nearly half of its loans ...
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 ...
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 ...
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, ...
Your brake rotors are simple yet critical parts of your vehicle's stopping power. Unfortunately, not many people bother checking or maintaining them. Let's be honest, folks: When was the last time you ...
Akebono Brake Industry has approved the Itochu Group’s acquisition of an interest in Akebono’s North American regional company, and the establishment of a European regional company. The Itochu Group ...
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, ...
TOKYO, Jan 30 (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, ...
Akebono Brake Industry Co. delayed the release of its earnings and began an investigation into its accounting after finding evidence that the Japanese auto-parts maker inflated its revenue. Financial ...
The brake system is one of the most important systems in a car. Unfortunately, most people think that most brake pads are interchangeable or don’t understand the differences between the pads at all.
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