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Auto blog
Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine
Wed, 20 Aug 2014The 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.
Submit your questions for Autoblog Podcast #317 LIVE!
Tue, 22 Jan 2013We record Autoblog Podcast #317 tonight, and you can drop us your questions and comments regarding the rest of the week's news via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Discussion Topics for Autoblog Podcast Episode #317
Mitsubishi Mirage
SAE World Congress: Honda FCEV fuel cell stack has cells just 1 mm thin
Fri, Apr 24 2015The only update we have for people who are paying ultra-close attention to the progress of the hydrogen-powered Honda FCEV concept is that we now know how thin the individual cells in the car's fuel cell stack are. Speaking at the 2015 SAE World Congress in Detroit this week, American Honda Motor Company Manager of fuel cell vehicle marketing, Steve Ellis, told AutoblogGreen that the fuel cell stack is now 33-percent smaller and offers a 60-percent improvement in power density. We knew this already. What we didn't know is how Honda got there. Ellis said that these improvements are due in part to a reduction in the size of the fuel cell thickness. Each cell in the stack is one millimeter thick, he said. For everyone who isn't counting the millimeters of this car, here's the broader situation. Honda and the state of California (and others) are working hard on getting H2 infrastructure up can running. "The stations are accelerating as we speak," Ellis said. Three new stations have opened in the last few months and the state has pledged $20 million per year until there are 100 stations in California. Honda has also invested in FirstElement to install stations. The production FCEV will feature a range of over 300 miles and have a three-to-five minute refueling time. The car will launch in Japan in March 2016, with US and European sales starting at some unspecified time after that.








































