Japanese auto parts makers to plead guilty, pay fines in price-fixing plea

  • by: PETE YOST , Associated Press
  • Updated: September 26, 2013 - 2:00 PM

WASHINGTON — Nine Japanese auto parts manufacturers and two of their executives will plead guilty and pay $740 million in criminal fines for conspiring to fix the prices of more than 30 products sold to many of the world's largest automakers operating in the U.S., the Justice Department announced Thursday.

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