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Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine

The ongoing investigation by the Department of Justice into price fixing in the automotive industry has nabbed one more company breaking the law. Japanese parts giant NGK Spark Plug Company agreed to plead guilty to a felony count of pricing fixing and bid rigging in the in the US District Court in Detroit. Its punishment is a $52.1 million criminal fine and to continue to cooperate with the DOJ's sleuthing into the problem.
According to the DOJ, NGK conspired to fix prices on spark plugs, standard oxygen sensors, and air fuel ratio sensors on vehicles from major automakers in the US, including the former DaimlerChrysler, Honda and Toyota, in a scheme that ran from at least January 2000 to July 2011. The charge claimed that the company and its co-conspirators held meetings where they agreed on bids and price quotes that were submitted to the automakers.
With the latest plea, the DOJ has caught 28 companies and 26 executives for price-fixing and bid rigging in the auto parts industry, and they have collected $2.4 billion in criminal fines. In 2013, the feds brought nine Japanese suppliers down at once, to collect $740 million. Scroll down to read the DOJ's complete announcement of the case.

Honda Project 2&4 is our kind of sidecar sideshow [w/video]

Honda makes cars and Honda makes bikes. It makes a whole lot of other things, too, but those are the two areas of expertise that have given rise to the thoroughly enticing Project 2&4 concept. It's one of the smallest vehicles unveiled here at the 2015 Frankfurt Motor Show, but also among the most enticing. The result of a global in-house design competition, Project 2&4 was envisioned by the company's motorcycle studio in Asaka and brought to fruition with help from the automotive studio in Wako. It's powered by the 1.0-liter V4 engine Honda developed for MotoGP competition, driving 212 horsepower and 87 pound-feet of torque through a six-speed, dual-clutch transmission. With less than 900 pounds to motivate, that adds up to blistering performance of the kind we'd give most anything to experience firsthand. The 14,000-rpm redline would be enough to make our heart sing all on its own, but the novelty of Project 2&4 is its design. As you can see, it hands the driver's seat and controls off the side, with room for a hold-on-for-dear-life passenger seat on the other side. The neo-retro styling is inspired by the company's RA272 grand prix racer from the Sixties, but gives up on the center driving position for an altogether more original configuration. The result looks ready to take on the likes of the Ariel Atom and BAC Mono... to say nothing of the curbs of Suzuka and Fuji. If only Honda were (able) to put it into production.

Don't drive some 2001-03 Hondas and Acuras with Takata airbags, feds say

The National Highway Traffic Safety Administration (NHTSA) on Thursday warned owners of certain 2001-03 Honda and Acura models to stop driving their vehicles immediately due greater risks posed by their defective Takata airbags. NHTSA says the airbag inflators have up to a 50-percent chance of exploding in an accident. Dangerous ruptures are more likely to occur in vehicles that spend a significant amount of time in high humidity. About 313,000 vehicles are affected. They are: The 2001 to 2002 Honda Accord and Civic, the 2002 to 2003 Acura TL, 2002 Honda CR-V and Odyssey, 2003 Acura CL, and 2003 Honda Pilot. All of these vehicles were recalled from 2008 to 2011 for being equipped with Takata inflators, but the feds are urging immediate action due to the elevated risk. The inflators in this group of cars have a manufacturing defect that "greatly increases the potential for dangerous rupture when a crash causes the airbag to deploy," NHTSA said. "The air bag inflators in this particular group of vehicles pose a grave danger to drivers and passengers that must be fixed right away," NHTSA Administrator Mark Rosekind said in a statement. Related video: News Source: NHTSA, Automotive News Auto News Honda Minivan/Van SUV Sedan airbag