Hitachi Automotive

EU regulators fine Japanese suppliers 138 million euros for price fixing

Jan. 26, 2016 13:09 CET

EU antitrust regulators fined Mitsubishi Electric and Hitachi Ltd. a total of 137.8 million euros ($149.8 million) for fixing prices of car alternators and starters. Supplier Denso avoided a fine after alerting officials to the existence of the cartel....
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Hitachi targets autonomous driving with new tech blitz

12:01 am U.S. ET | Dec. 21, 2015

Japanese supplier Hitachi Automotive Systems is developing a suite of technologies to handle everything from around-car sensing to automatic parking in a bid to take an increased share of the autonomous driving market by 2020....
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Civil settlements for price fixing rise

12:01 am U.S. ET | May 4, 2015

Civil settlements have exceeded $270 million in federal litigation stemming from the ongoing U.S. criminal antitrust investigation into automotive supplier price fixing....
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Supplier price-fixing civil settlements top $260M

10:50 am U.S. ET | April 28, 2015

Civil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing US criminal antitrust investigation into supplier price fixing....
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Former Hitachi exec sentenced to 15 months in prison after guilty plea for price fixing

5:45 am U.S. ET | April 23, 2015

A former executive with Hitachi Automotive Systems pleaded guilty and was sentenced to 15 months in prison for conspiring to fix prices on a number of automotive parts sold in the United States....
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Hitachi eyes growth on electronics

12:01 am U.S. ET | March 9, 2015

Hitachi Automotive Systems CEO Kunihiko Ohnuma says he targets double-digit global sales growth from 2016 to 2020 as the company taps surging demand for auto electronics....
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