WASHINGTON, Sept 29 (Reuters) - Tokyo-based Furukawa Electric Co <5801.T> agreed to plead guilty and pay a $200 million fine for its role in a criminal price-fixing and bid-rigging conspiracy over the sale of parts to automakers, the U.S. Justice Department said on Thursday. It said three executives, who are Japanese nationals, have also agreed to plead guilty and to serve prison time in the United States ranging from a year and a day to 18 months. The cases represented the ...
Premium Content (PAID Subscription Required)
"US says Furukawa to pay $200 mln in auto parts case" 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: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.