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Denso executives plead guilty to US price-fixing case

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The three-year investigation by the US Department of Justice into price-fixing allegations by auto parts suppliers continues, with two more fish from the swamp of corruption the latest to be sentenced. Reuters reports that Denso executives Yuji Suzuki and Hiroshi Watanabe will do 16 months and 15 months in US jails, respectively, for their roles in setting prices for parts like heater control units and power window systems. They will also each pay $20,000 fines.

Continue reading Denso executives plead guilty to US price-fixing case

Denso executives plead guilty to US price-fixing case originally appeared on Autoblog on Thu, 23 May 2013 16:28:00 EDT. Please see our terms for use of feeds.

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