Make Your Best Offer.. 39k Miles. Alloys. White W/ Tan Cloth.. 4x4.. One Owner on 2040-cars

Auto blog

Junkyard Gem: 1991 Honda Prelude Si 4WS

The third-generation Honda Prelude was sold in the United States for the 1988 through 1991 model years, and the Si version with the optional four-wheel-steering system was one of the best-handling cars of its time. Most of these cars were used up and discarded a decade or so ago, but I spotted this one in a Northern California wrecking yard last week. The mechanical four-wheel-steering system on these cars enabled them to eat up much more expensive machinery in the corners. Though 140 horses out of 2.1 liters doesn't sound like so much today, a quarter-century ago it was very impressive in a car this size. Why did this car get scrapped? Perhaps that Honda Achilles heel, the fragile head gasket, signed its death warrant, or perhaps it just got too battered for its last owner to pay off a sheaf of parking tickets. Whatever the reason, this car's next stop will be the global scrap-metal market. Related Video:

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.

Weekly Recap For 4.22.16 | Autoblog Minute

Senior Editor Greg Migliore recaps the week in automotive news, including a look at the latest from the VW diesel emissions scandal, spy shots of the latest Honda CR-V, and more. Ferrari Honda Volkswagen Crossover Autoblog Minute Videos Original Video emissions scandal diesel emissions scandal