Bridgestone in guilty plea for auto parts price fix scheme - DOJ

13/02/2014 - 16:25

WASHINGTON (Reuters) - Japan's Bridgestone Corp has agreed to plead guilty and to pay a $425 million criminal fine for its role in a conspiracy to fix prices on certain automotive parts, the U.S. Department of Justice said on Thursday.

The case involved anti-vibration rubber parts sold in the United States and elsewhere to Toyota Motor Corp., Nissan Motor Corp., Fuji Heavy Industries Ltd., Suzuki Motor Corp., Isuzu Motors Ltd. and certain of their subsidiaries and affiliates.

(Reporting by Ros Krasny; Editing by Doina Chiacu)