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Detroit: Japanese company guilty of price fixing on auto parts for U.S. cars.
2013-11-27 23:12:34| Auto Parts - Topix.net
Stanley Electric Co. Ltd., a Tokyo-based company, has agreed to plead guilty and to pay a $1.44 million criminal fine for its participation in a conspiracy to fix prices of lamp ballasts installed in cars sold in the United States and elsewhere, the Department of Justice announced today.
Auto supplier price fixing probe grows
2013-10-18 08:28:17| Auto Parts - Topix.net
The worldwide investigation into auto parts supplier price fixing by the U.S. Justice Department and other governments continues to expand, even after the U.S. government has guilty pleas from 21 suppliers.
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Guilty pleas for auto industry price fixing brings high cost for consumers
2013-09-27 11:12:13| Automakers - Topix.net
FBI Assistant Director Ronald Hosko reveals charges against nine auto parts makers during a press conference in Washington Thursday.