Japanese auto supplier pleads guilty to U.S. antitrust violationsMay 31, 2018
Japanese supplier Maruyasu Industries will pay a $12 million fine after pleading guilty to conspiracy charges related to price fixing, bid rigging and distribution of steel tubes.
Cox sues CDK, cites anti-competitive practicesDec. 11
In a battle between two dealership vendor giants, Cox Automotive is suing CDK Global for anti-competitive business practices. CDK and Reynolds and Reynolds, which Cox called a co-conspirator but is not a party to the suit, have colluded to eliminate competition in dealership data integration, the federal lawsuit said.
EU fines 5 airbag, seat belt suppliers over cartelNov. 22
EU antitrust regulators fined five suppliers a combined $40 million for taking part in cartels to fix prices for seat belts, airbags and steering wheels sold to Japanese automakers.
EU to fine seat belt, airbag cartel, report saysNov. 16
The EU is set to fine a group of car seat belt and airbag makers in the coming weeks, Reuters reported, in the latest regulatory crackdown on price fixing in the sector.
Dealers poised for price-fix paymentsNov. 13
Thousands of car dealerships are poised to receive a payoff stemming from a multinational price-fixing conspiracy that snared 47 suppliers for rigging bids on commodity parts.
BMW probe into cartel allegations needs more time, Krueger saysNov. 7
BMW has hired a law firm to help with an internal investigation of an alleged cartel among German carmakers and needs more time before any conclusions can be reached, CEO Harald Krueger said.
Daimler, VW raided by EU officials in widening cartel probeOct. 23
EU antitrust officials widened a probe into an alleged cartel among German automakers, with both Daimler and VW becoming the latest targets of searches.
BMW raided in cartel investigation as Daimler claims immunityOct. 20
BMW's headquarters were raided by European Union officials investigating an alleged cartel among German carmakers as rival Daimler claimed whistleblower status in an effort to avoid fines.
Tenneco sets up $132 million legal fund amid antitrust scuffles, posts $2 million net lossJuly 28
Tenneco has established a $132 million fund to clean up antitrust lawsuits in the backwash of government investigations in Europe and the U.S., which are now concluding.
BMW halts talks after Daimler disclosure over alleged collusion, report saysJuly 26
BMW suspended talks with Daimler on future cooperation projects after its rival disclosed alleged collusion among German automakers to cartel authorities, Sueddeutsche Zeitung reported
U.S. reviews allegations that German automakers colluded, report saysJuly 25
Justice Department officials are looking into allegations that BMW, VW Group and Daimler colluded on technology, strategy and parts to gain an advantage over rivals, Bloomberg reported.
VW calls crisis meeting to discuss EU cartel probe, report saysJuly 24
VW Group will hold a supervisory board meeting to discuss allegations that German automakers operated a cartel, Reuters reported.