Manheim and several other remarketing industry partners will continue moving forward to develop a multiplatform bidding system in the wake of announcements by ADESA and ServNet Auctions dropping out of the planning process.
Auto Safety Systems Supplier Agrees to Plead Guilty to Price Fixing
WASHINGTON – Stockholm-based Autoliv Inc. has agreed to plead guilty for its role in a conspiracy to fix prices of seatbelts, airbags and steering wheels installed in U.S. cars, as well as the company’s role in a separate conspiracy to fix prices of seatbelts, the Department of Justice announced.