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Cleveland: Auto parts maker guilty, fined $26 million for price fixing, bid rigging.
2014-09-30 03:39:56| Auto Parts - Topix.net
Toyoda Gosei Co. Ltd., an automotive parts manufacturer based in Aichi, Japan, has agreed to plead guilty and to pay a $26 million criminal fine for its role in conspiracies to fix prices and rig bids for automotive hoses, airbags and steering wheels sold to automobile manufacturers, the Department of Justice announced today.
Tags: price
auto
parts
million
Auto dealers accuse tax authorities of threatening to use bike gang members to get their cut
2014-09-30 02:10:03| Auto Dealers - Topix.net
Auto companies have accused tax authority Skat of employing intimidation techniques during inspection visits to 46 different car dealers over a two-week period. According to BT, one dealer said a Skat employee threatened to send biker gang members to assist the authority in finding a 'solution' to a fiscal dispute with the dealership.
There's A Huge Debate Brewing Over Subprime Auto Lending
2014-09-26 20:18:09| Auto Dealers - Topix.net
The New York Times is running a series on subprime auto lending, called "Driven to Debt." The most recent installment, " Miss a Payment? Good Luck Moving That Car ," introduces readers to the scary world of borrowers who can literally have their cars turned off if they get into financial trouble.
Tags: auto
huge
debate
lending
The Gates Corporation Receives Award From Auto Care Association For Employee Education And Training Efforts
2014-09-26 11:48:27| autocentral Home Page
The Gates Corporation, leader in automotive and industrial aftermarket manufacturing, has been recognized by the Auto Care Association for their exemplary employee education and training efforts
Tags: education
care
auto
training
Ford's Hinrichs Sees Auto Sales Reaching 14-Year High in 2015
2014-09-26 08:42:48| Auto Dealers - Topix.net
Joseph Hinrichs, Ford Motor Co.' s president of the Americas, said today the company is predicting industrywide U.S. auto sales will top 17 million next year, the most since 2001.
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