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    Official: Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine
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    The ongoing investigation by the Department of Justice into price fixing in the automotive industry has nabbed one more company breaking the law. Japanese parts giant NGK Spark Plug Company agreed to plead guilty to a felony count of pricing fixing and bid rigging in the in the US District Court ...

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    Report: GM financing arm investigated over subprime loans
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    General Motors just can't seem to avoid controversy in 2014. Of course, there has been a continual run of recalls throughout the year, and now, its GM Financial division is under investigation for possibly violating the Financial Institutions Reform, Recovery and Enforcement Act, according to ...

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    Report: Legal approach in $1.2 billion Toyota settlement could impact handling of GM recall cases
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    In the past, if an automaker did something wrong, they were usually prosecuted by the US government through something called the TREAD Act. Short for Transportation Recall Enhancement, Accountability and Documentation Act, it basically requires automakers to report recalls in other countries, ...

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    Report: Senator wants DoJ to create GM victims' fund
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    US Senator Richard Blumenthal, a Democrat from Connecticut, is echoing the call of safety advocates in requesting that the Justice Department create a compensation fund for those killed or injured behind the wheel of General Motors vehicles with faulty ignition switches. Blumenthal, pictured ...

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    Official: Toyo Tires found guilty of price fixing
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    A global auto industry price-fixing scandal being investigated by the US Department of Justice continues to unfurl as ever more companies – most of them Japanese – are found guilty of fixing the prices of numerous types of vehicle parts. Toyo Tire & Rubber is the latest company to ...

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    Official: Execs at supplier Takata to plead guilty to price fixing
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    Three Japanese executives at Takata are set to plead guilty to price fixing charges, after the company itself agreed to pay a $71.3-million anti-trust fine. Takata supplies a number of components for automakers, but may be best known for its distinctive green racing seatbelts. The report from ...

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    Report: DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal
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    Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, ...

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    Report: Department of Justice closing books on Daimler bribery investigation
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    An investigation by the US Department of Justice into charges that Daimler bribed officials in 22 countries with "tens of millions of dollars" to win contracts worth hundreds of millions of dollars from 1998 to 2008 has almost come to a close. Daimler paid $195 million in fines to the DoJ and the ...

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    Report: Denso executives plead guilty to US price-fixing case
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    The three-year investigation by the US Department of Justice into price-fixing allegations by auto parts suppliers continues, with two more fish from the swamp of corruption the latest to be sentenced. Reuters reports that Denso executives Yuji Suzuki and Hiroshi Watanabe will do 16 months and 15 ...

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    Report: Two Japanese suppliers plead guilty for bid-fixing, will pay record fines
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    Two more Japanese auto industry suppliers, Yazaki and Denso, have been fined by the U.S. Department of Justice and four executives from Yazaki will go to jail, according to reports in the New York Times and Automotive News. Yazaki's $478 million fine and Denso's $78 million fine come on top of ...

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    Report: 'Joyriding' FBI agent who wrecked Ferrari F50 off the hook
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    You might recall the tale of the FBI and U.S. Department of Justice being sued earlier this year for wrecking a Ferrari F50. The F50 was stolen from its owner in 2003, after which the insurance company, Motors Insurance, reimbursed the owner for the loss. The feds then recovered the stolen ...

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    Report: Ford near terms on seven-year-old Rouge plant cleanup lawsuit
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    The Detroit News reports that Ford is close to wrapping up a lawsuit that's been in the works for the past seven years. Ford originally sued the federal government by claiming that the feds should share a portion of the costs tied to cleaning up the company's Rouge manufacturing complex. The site ...

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    FBI being sued for crashing a Ferrari
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    The Federal Bureau of Investigation and the U.S. Department of Justice have landed themselves in hot water over the destruction of a Ferrari F50. According to The Detroit News, the vehicle was reported stolen from a dealership in Rosemont, Pennsylvania in 2003, and the dealer made and insurance ...

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    Report: Feds charge Daimler with paying millions of dollars in bribes
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    Over the past five years, the U.S. Department of Justice along with the Securities and Exchange Commission have been investigating allegations that German automaker Daimler and three of its subsidiaries paid tens of millions of dollars in bribes through offshore bank accounts to secure contracts ...

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    Report: Daimler to pay $200M over bribery scandal
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    For a number of years Daimler kept secret accounts used by executives specifically for the purpose of making illicit payments to foreign officials – a practice otherwise known as bribing. The "improper payments" were made primarily in Africa, Asia and Eastern Europe from banks in those ...

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