Home Japan Reports Big Japanese Auto Suppliers Fined $745 million for Price Fixing in the U.S.

Big Japanese Auto Suppliers Fined $745 million for Price Fixing in the U.S.

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Nine Japanese companies and two executives will pay approximately $745 million (€552 million) in fines after they pleaded guilty for conspiracies to fix the prices of auto parts sold to U.S. automakers.

The Department of Justice said that price-fixed automobile parts were sold to Chrysler Group, Ford and General Motors, as well as to the U.S. subsidiaries of Honda, Mazda, Mitsubishi, Nissan, Toyota and Subaru.

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Big Japanese Auto Suppliers Fined $745 million for Price Fixing in the U.S. Big Japanese Auto Suppliers Fined $745 million for Price Fixing in the U.S. Reviewed by Unknown on 16:20:00 Rating: 5

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