FCA revises previous monthly sales numbers based on new reporting system.
Sumitomo Electric Industries and KYB have been ordered pay out millions to settle civil and federal price-fixing cases, respectively.
Auto parts supplier Bosch has agreed to pay a $57.8 million criminal fine to the Department of Justice for bid rigging and price fixing of spark plugs, oxygen sensors and starter motors.
Drug Enforcement Administration officials once considered using license-plate readers to conduct surveillance on gun show attendees, according to documents released Tuesday.
The US Department of Justice is pursuing a case against an executive from Japanese parts supplier Takata for alleged price fixing of seatbelts from 2005 to 2011. If found guilty, he could face a maximum punishment of 10 years behind bars and a $1 million fine.
The US Department of Justice has been on a campaign over the past few years to crack down on price fixing in the auto industry, especially from Japanese parts suppliers. In the agency's most recent count, it has indicted 46 people with 26 guilty pleas and raised over $2.4 billion in fines from 31 co
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 in Detroit. Its punishment is a $52.1 million criminal fine and to continue to cooperate with the DOJ's sleuthing into the problem.
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.
The Department of Justice will investigate General Motors to see whether it failed to recall more than 1.37 million defective cars in timely fashion, according to a report published by Reuters on Tuesday afternoon.
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 agree to plead guilty to the crime and to pay a fine of $120 million, according to a statement by the DoJ.
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.
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
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, M
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 regions. The bribery itself wasn't Daimler's problem – the fired whistleblower and the U.S. Department of Justice and Securities and Exchange Commission were.