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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 ...
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 ...
Several news outlets are reporting that the FBI has raided the Detroit-area offices of Yazaki North America, Denso International and Tokai Rika. U.S. Justice Department spokeswoman Gina Talamona reportedly told The Detroit News that her office was investigating the suppliers for an alleged ...