Auto Parts Price-Fixing Probe Rattles Detroit-Based Industry The collusion in these cases, which in some instances lasted more than a decade, was "deftly done," said Joe Wiesenfelder, executive editor of Cars.com, who has followed the auto parts investigation.
Japanese Auto Suppliers Busted In Price-Fixing ProbeTwo of Japan's largest auto suppliers have agreed to pay $548 million in fines, and four execs are going to jail, in connection with guilty pleas filed in an anti trust investigation.
Execs Admit Guilt In Auto Parts Price-Fixing SchemeTwo Japanese men have issued guilty pleas in a wide-ranging probe of price-fixing in the auto supply business.
Auto Parts Firm To Pay $200M Fine For Price FixingCarmakers 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.
Court Settlements Whack Whirlpool's Bottom LineBenton Harbor-based Whirlpool Corp. Thursday reproted a second quarter loss of $161 million or $2.10 a share, vs. net income of $205 million or $2.64 a share in the same period a year ago.
5 Gas Station Owners Accused In Price-Fixing SchemeFive Madison Heights gas station operators have been busted for allegedly conspiring to fix prices at the pump.
Panasonic, Whirlpool Subsidiary To Plead Guilty