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This site in Auburn Hills, Mich., is the U.S. home base... This site in Auburn Hills, Mich., is the U.S. home base for Takata. (Google Maps)
Three auto executives will do time in federal prisons after pleading guilty to a price-fixing conspiracy, and two more have been indicted in the U.S. investigation, the government said Thursday.

The Justice Department said Yasuhiko Ueno, Saburo Imamiya and Yoshinobu Fujino, all executives of Tokyo-based Takata Corp., agreed to plead guilty to charges of participating in a conspiracy to rig prices for seatbelts sold to Toyota Motor Corp., Honda Motor Co. Ltd., Nissan Motor Co. Ltd., Fuji Heavy Industries Inc. (Subaru) and Mazda Motor Corp. in the U.S. and elsewhere.

The three have agreed to serve prison sentences ranging from 14 to 19 months, the government said.

The indictment filed in Toledo charged Masao Hayashi and Kenya Nonoyama, both Japanese nationals, with participating in a conspiracy to fix prices of anti-vibration rubber parts sold to Toyota for installation in automobiles manufactured and sold in the U.S.

Their company was identified in the indictment only as Company A, based in Osaka, Japan.

Takata said it has cooperated in the investigation.

"We are committed to strengthening our reputation as a trusted supplier of automotive parts while also focusing on additional training internally," communications vice president Alby Berman said in an email.

No attorneys are listed in court records for the defendants.


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    • 1 Second Ago
  • 9 Comments
      • 1 Year Ago
      "The Takate executives plead guilty and will do 14 to 19 months in prison" Shouldn't that be "Takata"?
      odoey
      • 1 Year Ago
      The Execs. who drove General Motors Corp. in to bankruptcy should be in prison.!
        • 1 Year Ago
        @odoey
        I agree. Using the same platform (clone cars) for a Buick, Chevy, Pontiac, Oldsmobile caught up with them also.
      msgoe
      • 1 Year Ago
      what about the price fixing in the mortgage and credit card industry ??
        M
        • 1 Year Ago
        @msgoe
        They have better connections to the lawmakers and DOJ...
      • 1 Year Ago
      Meanwhile criminals, corruptocrats and liars in this government walk around free.
      • 1 Year Ago
      It's good to know that rich people can face jailtime too. The wall street bankers may have gone scott free. Atleast some sign that the US judicial system should be blind to wealth.
      Ron Wizard
      • 1 Year Ago
      This has go to be a joke! If the government looked inward on itself with a real investigation. We would have another government shutdown.
      msredinsky
      • 1 Year Ago
      What do you mean they agreed to go to jail? Why are they held in such high esteem when they are nothing but common criminals? If they were americans they would be locked up until they could make bail!