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Furukawa Electric Co.

Engines make their way the assembly line at Honda's Civic plant in Greensburg, Indiana. (AFP PHOTO / MIRA OBERMAN (MIRA OBERMAN/AFP/Getty Images)

Execs Admit Guilt In Auto Parts Price-Fixing Scheme

Two Japanese men have issued guilty pleas in a wide-ranging probe of price-fixing in the auto supply business.

WWJ Newsradio 950–10/25/2011

Engines make their way the assembly line at Honda's Civic plant in Greensburg, Indiana. (AFP PHOTO / MIRA OBERMAN (MIRA OBERMAN/AFP/Getty Images)

Auto Parts Firm To Pay $200M Fine For Price Fixing

Carmakers were forced to pay more for auto parts because a group of suppliers conspired to raise prices for more than a decade, the Justice Department said Thursday.

WWJ Newsradio 950–09/30/2011

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