Former Bridgestone executive to plead guilty to price fixing: U.S. Justice Dept

16/04/2014 - 20:32

WASHINGTON (Reuters) - A former sales manager for Bridgestone Corp has agreed to plead guilty and serve 18 months in prison for participating in a conspiracy to fix the prices of rubber anti-vibration devices used in automotive suspension systems and engine mounts, the Justice Department said on Wednesday.

Yusuke Shimasaki, a former Bridgestone sales manager, agreed to plead guilty to one felony count of fixing the prices of products sold to Toyota Motor Corp. <7203.T>, Nissan Motor Co. Ltd. <7201.T> and Fuji Heavy Industries Ltd. <7270.T>, which makes Subaru cars, the department said.

(Reporting by Diane Bartz; Editing by Sandra Maler)