DETROIT – The market for automotive brake systems, already a hotbed of intense competition, is about to become even more dynamic with a new player from Japan that potentially could leapfrog to the world’s No.2 position within a few years. The new company Advics Co. Ltd., combines the brake operations of three of Japan’s largest automotive suppliers: Denso Corp., Aisin Seiki Co. Ltd. and Sumitomo Electric Industries Co. Ltd. The company was formed in Japan last July, but Advics North ...

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