Ford supplier to plead guilty in U.S. to bid-riggingTue, 07, Mar 2017
Knorr-Bremse seals victory in Haldex takeover battleWed, 07, Dec 2016
German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems company's shares before its offer expired Monday. Knorr's offer is still conditional upon the company obtaining clearance from antitrust regulators.
Japan's Usui pleads guilty, to pay $7.2 million for fixing steel part prices in U.S.Tue, 08, Nov 2016
JTEKT agrees to pay $62.5M to settle class-action lawsuits over price-fixingWed, 12, Oct 2016
Automotive-parts supplier JTEKT agreed to pay $62.5 million to settle class-action lawsuits over price-fixing allegations. JTEKT will pay $47.5 million to U.S. consumers, the company said Wednesday, and the remaining $15 million is expected to be paid to dealerships in two suits.
U.S. indicts two Japanese supplier executives for obstruction of justiceWed, 21, Sep 2016
A federal grand jury has indicted two Japanese executives on charges of conspiring to obstruct justice in a major escalation of the Department of Justice's ongoing price fixing investigation within the auto parts industry.
Supplier Alpha agrees to pay $9 million fine in U.S. price-fixing probeThu, 15, Sep 2016
Nissan, dealers fined $6.7 million over antitrust practices in SpainTue, 06, Sep 2016
Aisin Seiki, 3 other suppliers settle consumer suits over price fixingFri, 02, Sep 2016
Four more auto-parts suppliers agreed this week to pay $30 million in consumer settlements -- with one paying an additional $5.9 million to U.S. dealerships -- as part of class-action lawsuits that sprung from a massive U.S. antitrust price-fixing probe.
Tesla wins U.S. antitrust approval to buy SolarCityThu, 25, Aug 2016
Tesla Motors won U.S. antitrust approval to buy solar panel installer SolarCity, the Federal Trade Commission said. The deal was announced on Aug. 1 and is part of an effort by Tesla to improve economies of scale in electrical energy management systems, battery production and marketing.
Hitachi Automotive to pay $55.5 million fine for role in U.S. price-fixingTue, 09, Aug 2016
Hitachi Automotive Systems agreed to plead guilty to fixing the price of shock absorbers installed in U.S. autos, and to pay a criminal fine of $55.48 million, the Justice Department said in a statement on Tuesday.