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  • Newswire

    Yazaki Reaches $76 Million Settlement in U.S. Price-Fixing Case  

    The settlement with U.S. car buyers by the Japanese company is the largest to come out of an ongoing federal investigation of auto-parts price-fixing....More
  • Newswire

    UPDATE 2-China antitrust regulator fines two Japan auto parts makers  

    (Adds Yazaki receiving NDRC notification, Denso comment) TOKYO, Aug 19 (Reuters) - Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector....More
  • Newswire

    Korean Company Plans Talks With Tesla on Supplying Carbon Fiber  

    GS Caltex reportedly will meet later this month with Tesla to discuss supplying the electric-vehicle maker with the lightweight material currently used in high-end vehicles and racing cars....More
  • Newswire

    Japanese Automakers Cut Parts Prices in China Amid Anti-Monopoly Probe  

    Toyota and Honda says their joint ventures with Chinese partners will cut spare-parts prices in response to the probe, while Nissan's JV with local automaker Dongfeng says it is "actively studying" responses to regulators' suggestions....More
  • Newswire

    Mercedes Cuts Parts Prices as China Monopoly Probe Continues  

    Daimler's luxury unit says it is cutting prices on more than 10,000 spare parts an average 15% as China regulators combat what they consider price-gouging on repair and replacement components by many foreign automakers....More
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