A former Takata Corp. sales executive faces criminal charges that carry a maximum prison term of 10 years.
Nine Auto Parts Manufacturers to Plead Guilty to Pricing Fixing of Parts Installed in U.S. Vehicles
The U.S. Dept. of Justice (DOJ) is fining nine auto parts suppliers a total of $740 million in what the DOJ described as “separate conspiracies” to fix the prices of more than 30 different products sold to U.S. auto manufacturers and the U.S. subsidiaries of a number of Japanese automakers.