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December 1, 2014

Posted  January 22, 2016

Kazumi Umahashi, former General Manager of Japanese auto parts maker Mitsuba Corporation, agreed to plead guilty and serve 13 months in prison for conspiring to fix the prices and allocate the supply of windshield wiper systems and starter motors sold to Honda Motor Co. Ltd. and its subsidiaries and affiliates in the U.S. and elsewhere. He also agreed to pay a $20,000 criminal fine. In November 2013 Mitsuba pleaded guilty for its involvement in the conspiracy and agreed to pay $135M in criminal fines. Including today’s charges, 48 individuals have been charged in DOJ’s ongoing investigation into price fixing and bid rigging in the auto parts industry. Additionally, 32 companies have pleaded guilty or agreed to plead guilty and have agreed to pay a total of more than $2.4 billion in fines. DOJ

Tagged in: Bribery and Bid-Rigging,