Akebono News Roundup

As Akebono figures out next steps to stay solvent, here is the latest news:

  • The Nikkei newspaper initially broke the news that Akebono was seeking debt relief.
  • The newspaper followed with an analysis of how the quest for the latest advanced tech is squeezing traditional suppliers.
  • Additional coverage from Japan Times.

Akebono’s woes are based in part on aggressive expansion several years ago to supply the U.S. market. The company has not been able to recoup its investment costs. Read about its expansion in South Carolina and Tennessee.

Meanwhile, Akebono has released news about an award it received from AAPA and new disc brake pad kits.

The Brake Report
The Brake Report

The BRAKE Report is an online media platform dedicated to the automotive and commercial vehicle brake segments. Our mission is to provide the global brake community with the latest news & headlines from around the industry.