Economy prompts Bosch and Denso to disband DPF joint venture

Back in late 2006, two of the world’s largest auto suppliers, Bosch and Denso, teamed up to create a joint venture to develop and produce diesel particulate filters. The joint venture was to build a plant in Poland near a Bosch brake parts plant. The partners were to have spent €8 million each on the factory.

However, prior to starting production this year, it became apparent that the diminished sales caused by the current economic downturn would not support another DPF supplier in the market. As a result, the two companies have decided that it doesn’t make sense to continue the venture right now. Therefore the companies will disband the joint venture by the end of this year.

[Source: Automotive News - sub. req'd]

Filed under: Diesel

Economy prompts Bosch and Denso to disband DPF joint venture originally appeared on AutoblogGreen on Mon, 25 May 2009 16:36:00 EST. Please see our terms for use of feeds.

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