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  • personality_less personality_less Sep 21, 2013 7:44 AM Flag

    It's not just the Japanese OEMs that can't be trusted, is their industry execs as well

    More price fixing indictments!

    DETROIT -- A federal grand jury in Detroit filed charges Thursday against two Japanese automotive executives for their alleged role in an international price-fixing conspiracy.

    According to the indictment, filed in U.S. District Court in Detroit, Ryoji Fukudome and Toshihiko Nagashima, executives for Tokyo-based Fujikura Ltd., conspired to fix prices on wire harnesses sold to Fuji Heavy Industries Ltd., the parent of Subaru.

    P.S. To Japanese vehiche owners - you were ripped off when you paid too much for your tuna cans...

    Sentiment: Buy

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