Auto parts makers plead guilty in U.S. price fixing probe -DOJ

Newswire

WASHINGTON, Sept 26 (Reuters) - Nine companies based in Japan and two executives have agreed to plead guilty and to pay a total of more than $740 million in fines for their roles in conspiracies to fix the prices of auto parts sold to U.S. car manufacturers, the Department of Justice said on Thursday. The department said that price-fixed automobile parts were sold to Fiat SpA affiliate Chrysler Group LLC, Ford Motor Co and General Motors Co, as well as to the U.S. ...

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.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×