Home 7 Japanese supplier execs indicted in price-fixing scheme
 

Keywords :   


7 Japanese supplier execs indicted in price-fixing scheme

2014-09-18 23:28:50| Auto Parts - Topix.net

A U.S. grand jury in Detroit has indicted seven executives from Japanese auto suppliers Mitsubishi Electric Corp. and Hitachi Automotive Systems for their alleged roles in a conspiracy to fix auto parts prices, the U.S. Department of Justice In a three-count indictment filed today, the government alleges that Mitsubishi Electric executives Atsushi Ueda, Minoru Kurisaki and Hideyuki Saito conspired to fix the prices of starter motors, alternators and ignition coils. The parts were sold to all of the Detroit 3 as well as Nissan, Honda and Subaru's parent company, Fuji Heavy Industries.

Tags: japanese scheme supplier indicted

Category:Automotive

Latest from this category

All news

»
24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
More »