WASHINGTON, Aug 28 (Reuters) - Japan's Nippon Seiki Co Ltd has agreed to plead guilty to conspiring to fix prices of dashboard panel instruments and will pay a $1 million fine, the U.S. Justice Department said on Tuesday. The company is the eighth to enter a guilty plea in the United States for fixing auto parts prices. U.S. and European regulators are investigating the industry. Nippon Seiki agreed to plead guilty to a single count of price-fixing of ...
Premium Content (PAID Subscription Required)
"Japan's Nippon Seiki to plead guilty to price-fixing in U.S." is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642