Denso scraps planned transfer of spark plug, exhaust gas sensor business to Niterra
Bitget2026/10/02 06:37- Denso dropped plans to transfer its spark plug and exhaust gas sensor business to Niterra, ending a deal signed on Sept. 1, 2025.
- The companies agreed to terminate the business transfer agreement, scrapping the proposed handover.
- The reversal follows a shift in market assumptions, with diversified powertrain demand holding up longer than expected despite steady electrification.
- Denso opted to keep the business to support its CORE 2030 strategy focused on products and systems for diversified mobility.
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