Jul, 12 2019 11:35 JST

Source: Denso

DENSO Establishes Joint Venture to Offer Aftermarket Products and Services in South Africa


KARIYA, JAPAN, Jul, 12 2019 - (JCN Newswire) - DENSO Corporation, the world's second largest mobility supplier, and Smiths Manufacturing (Pty) Limited owned by Metair Investments Limited today announced they have established DENSO Sales South Africa (Pty) Limited, a joint venture dedicated to selling aftermarket products and services in Southern Africa.

South Africa has one of the largest economies in Africa, and car ownership is the highest in the region. DENSO established DENSO Sales South Africa to sell repair parts and accessories and offer services such as repairs for passenger cars and commercial vehicles in South Africa and neighboring countries. The new company will help ensure safety and increase convenience for customers in the region.

Southern Africa is a promising market, especially with the number of vehicles in the region. By establishing a new company, we will strengthen our capability to meet new customers' needs in new countries, offer appropriate products and services tailored to the region, and further expand our aftermarket business.

DENSO Sales South Africa will increase a product lineup mainly for vehicles manufactured by Japanese-affiliated automakers, which account for 40% of vehicle ownership; strengthen the repair service network for car air conditioners and diesel engine parts, etc.; and build an efficient logistics system.

In 2010, DENSO established DENSO Sales Middle East & North Africa FZE in the United Arab Emirates to operate and expand the sale of aftermarket products in the northern part of the African region. Since 2013, DENSO has joined the forces with Smiths Manufacturing to sell aftermarket products and research market needs and structures.


About Denso
DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 221 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.3% of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.


Contact:
DENSO CORPORATION 
Phone: 81-566-25-5594 
Fax: 81-566-25-4509 
Source: Denso
Sectors: Automotive

Copyright ©2019 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


DENSO and BlackBerry Launch Integrated Automobile HMI Platform
September 12 2019 08:51 JST
 
Beyond Next Ventures and DENSO Establish a New Company "OPExPARK" for Medical IoT
September 06 2019 08:10 JST
 
DENSO Wins Medals at 45th WorldSkills International Competition
August 28 2019 14:46 JST
 
Denso: The Korea Fair Trade Commission's Announcement Concerning the Monopoly Regulation and Fair Trade Act Related to Certain Automotive Components
August 05 2019 09:30 JST
 
DENSO Announces First-quarter Financial Results
July 31 2019 12:05 JST
 
DENSO Focuses on Connected Technology at New Seattle Innovation Lab
July 17 2019 11:25 JST
 
DENSO and Toyota Agree to Establish a Joint Venture for Research and Advanced Development of Next-generation, In-vehicle Semiconductors
July 10 2019 15:15 JST
 
DENSO Wiper Systems to Be Established to Offer Safer and More Reliable Wiper Systems
July 01 2019 11:47 JST
 
DENSO Announces Changes to the Organization and to the Responsibilities of Senior Executive Officers and Executive Officers
June 20 2019 10:56 JST
 
DENSO, Honeywell Partnership Takes Off to Create Electric Propulsion Systems for Urban Air Mobility
June 11 2019 04:07 JST
 
More Press release >>

Latest Press Release


More Latest Release >>