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- NAFTA Talks Stalled. Doomed?
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- BMW Group Sales of EVs Pass 10,000 in September 2017
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- Deal in Ontario, Québec Class Actions against Ford. Quality, Customer Satisfaction, Repair Steps Taken in U.S., Mexico
- Drone Hits Passenger Skyjet Inbound for Quebec City
- Chinese Junk Recall – Martha Stewart Whiteware Cake Knife
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- Goodbye to American Sports Car Racer Bruce Leven
- Ford Dropping Car Business – Reallocating $7B in Capital
Tag Archives: denso
“Expanding our team and resources now will help us make a future of autonomous cars and advanced electric vehicles possible,” said Kenichiro Ito, chairman of DENSO’s North America Board of Directors. Continue reading
Kazuaki Fujitani, once a director of Denso in Japan will serve one year and one day in a U.S. prison instead of the maximum price fixing penalty of 20 years in prison and a criminal fine of $250,000 for individuals. Continue reading
The plea bargain entered appears to be just that, a bargain for the criminals. Continue reading
According to the latest charge, Hattori participated in the conspiracy from at least as early as July 2005, until at least July 2008. During the conspiracy, Hattori was an assistant manager in the Toyota Sales Division at DENSO from July 2005 until December 2006, and a manager in the Toyota Sales Division from December 2006 until at least July 2008. Continue reading
The plea agreement, which is subject to court approval, requires Imai serve one year and one day in a U.S. prison, to pay a $20,000 criminal fine and to cooperate with the department’s ongoing investigation. Imai is charged with price fixing in violation of the Sherman Act, which normally carries a maximum sentence of 10 years in prison and a $1 million or greater criminal fine for individuals. Continue reading
The two-year price fixing sentences would be the longest imprisonment imposed on a foreign national for a Sherman Act antitrust violation. The fine amounts and prison sentences are subject to court approval and the potential influence of the U.S. State Department, which based on previous actions, cares little – if at all – in my opinion about competitive aspects of the U.S. auto industry or its effects on workers and the U.S. economy. In fact it can be argued that since the end of World War Two, State has actively pursued policies that strengthen offshore competitors of U.S. firms at the expense of the U.S. middle class. Continue reading
In theory there is no reason why Japan’s largest automaker could not expand the use of the wrong-way driving alert to the U.S. and other large markets, where Toyota is struggling with a damaged safety reputation from stuck gas pedals and unintended acceleration recalls. Continue reading