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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 goes big for bikes: Concept CB, Super Cub [w/video]

Unlike similar many major automobile shows around the world, the Tokyo includes a significant number of motorcycles in addition to the new, four-wheeled vehicles on display. Showing its standing as a major player in the two-wheeled world, Honda has quite of slate of intriguing concept bikes at the show this year. With its futuristic, razor-sharp styling, the Neowing concept wouldn't look too out of place in a sci-fi anime. However, the bike's layout lets it lean into turns, while still offering riders three-wheeled stability. Power comes from a flat-four engine with hybrid assistance. Honda also takes its little Grom 50 motorcycle and adds some dirt bike aesthetics. The Scrambler Concept-One does that with vintage-inspired details like the pads on the tank and holes in the muffler guard. Meanwhile, the Scrambler Concept-Two goes for a more modern look and some military-inspired green paint. For another retro look, the company also imagines two new versions of the classic Cub. The EV-Cub Concept replaces the engine with an electric motor for short-distance commuting. Alternatively, the blue Super Cub Concept sticks with gasoline for fuel but tries to get the best economy possible for longer rides. Finally, the CB Concept updates the already classically inspired CB1100. Up front, the headlight now uses an LED, and the air-cooled inline-four gets a new, two-chamber exhaust to replace the current three-chamber design. As the photos above show, the chrome trim really makes the bike pop on stage. Check out the videos below for a closer look at the Grom 50 and Cub concepts. Honda Announces Overview of Exhibit for the 44th Tokyo Motor Show 2015 - Exhibiting Original Honda Mobility Products Under the Concept of "The Power of Dreams" - TOKYO, Japan, September 30, 2015 - Honda Motor Co., Ltd. today announced its lineup of production and concept-model automobiles and motorcycles as well as other highlights for its exhibit at the 44th Tokyo Motor Show 2015, which will take place at Tokyo Big Sight. (Press days: October 28-29, 2015, Public days: October 30 - November 8, 2015). Using its global brand slogan - The Power of Dreams - as the booth concept, Honda will exhibit a broad range of items including innovative mobility products that are useful in people's daily lives as well as a lineup of mobility products topped by racing machines that pursue excellence in driving performance.

Honda, Chevy reveal low-drag speedway aero for Indy 500

As the two automakers currently participating in the IndyCar Series, both Chevy and Honda were invited this year not only to provide engines to the teams on the starting grid, but to develop their own aerodynamics packages as well. Both revealed their designs for the road-course races a few months ago, but with the Indy 500 approaching at break-neck speed, they've now unleashed their aero approaches for speedways. Both are based on the Dallara DW12 chassis introduced to the series a couple of years ago, but sacrifice some of their downforce at the altar of speed. And you can tell as much from looking at them: both Honda (above) and Chevy (below) have streamlined their designs, with single-plane front wings, lower-profile rear wings and fewer winglets on the body and around the wheels in between. The idea is to allow the cars to reach higher top speeds with less drag, while offering the necessary amount of downforce for the banked turns. With the four opening road-course rounds complete, teams using either automaker's equipment will keep the existing aero kits on their cars for the Grand Prix of Indianapolis on the infield course next week, then switch to the speedway package for the Indianapolis 500 later this month. Then it'll be back and forth for the rest of the season as the circus switches between road courses and speedways. Honda Unveils 2015 IndyCar Super Speedway Aero Kit Apr 30, 2015 - SPEEDWAY, Indiana - To be used at the Indianapolis 500 - Manufacturer seeking 11th Indianapolis 500 victory since 2004 - First public running to take place Sunday at Indianapolis Honda today debuted the "Super Speedway" aero kit of aerodynamic upgrades and components its teams will use at this year's 99th running of the Indianapolis 500. The Honda Super Speedway Aero Kit, produced by Honda Performance Development, Honda's racing arm in North America, includes a variety of individual aerodynamic components fitted to the existing Honda-powered Dallara Indy car chassis. All are intended to give Honda's six Indy car teams – encompassing a potential 17 '500' entrants - the ability to maximize performance at the 2.5-mile Indianapolis Motor Speedway oval and other large ovals ( over one mile in length) on the 2015 Verizon IndyCar Series schedule. "We're excited to unveil our Super Speedway aero kit, the newest element in this era of enhanced manufacturer competition in the Verizon IndyCar Series," said Art St. Cyr, president of HPD.