Australia Fines Japan Auto-Parts Maker Jtekt in Global Antitrust Probe

Newswire

TOKYO, Oct 18 (Reuters) - Japanese auto parts supplier Jtekt Corp said its Australian subsidiary will pay around $1.9 million to settle antitrust charges as it confronts penalties from a global investigation into price-fixing by parts makers. Jtekt has already agreed to plead guilty and pay $103.3 million in the United States for fixing prices of various parts sold to Toyota Motor Corp and Nissan Motor Co. Earlier in the year, it was fined $4.9 million for violating antitrust law in ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×