department of justice

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...