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DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal

Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, Toyota and Chrysler spending up to $5 billion on inflated parts and driving up prices on 25 million vehicles has sent the DoJ hustling into investigations. "The conduct this investigation uncovered involved more than a dozen separate conspiracies aimed at the U.S. economy," Attorney General Eric Holder (pictured above) said during yesterday's press conference.
As the investigation stands, the DoJ has issued $1.6 billion in fines against 20 companies and 21 individual executives, with 17 of the execs headed to prison. Deputy Assistant Attorney General Scott Hammond said, "The breadth of the conspiracies brought to light today are as egregious as they are pervasive. They involve more than a dozen separate conspiracies operating independently but all sharing in common that they targeted US automotive manufacturers."
Big-name suppliers indicted in the investigation include Mitsubishi Electric, Mitsubishi Heavy Industries, Hitachi Automotive and Mitsuba Corporation. A list of fines and other corporations named in the investigation is available at Bloomberg.

Ford previews updated Police Interceptor Utility for Chicago debut

With more law enforcement agencies across the United States alone than we'd care to count (or ever encounter), selling police cars means big business for American automakers, with Ford, Chevy and Dodge competing to fill the motorpools of every police department, sheriff's office and government agency in the land. For its part, Ford offers the Taurus-based Police Interceptor sedan and the Explorer-based Police Interceptor Utility, and it's preparing to unveil a revised version of the latter at the upcoming Chicago Auto Show in the same city where it's built. Dearborn hasn't given us much to go on with this teaser, showing just a darkened front shot of the vehicle in question with its emergency lighting all aglow. But it's fairly clear that the Interceptor Utility has been given many of the same updates applied recently to the Explorer on which it's based. That starts with the revised sheet metal, but considering that the Interceptor Utility exclusively packs V6 power, the 2.3-liter EcoBoost four that was one of the biggest updates to the civilian Explorer isn't likely to carry over. Ford does, however, promise that the revised Police Interceptor Utility will be "even better" than the model it replaces" and pack "more high-tech features." Related Video:

Ford's simple suit makes you feel like a drunk driver

We've all heard about the dangers of drunk driving for practically our entire lives. Whether it's from PSAs on TV or lectures in school, no one can claim ignorance of drunk driving being extremely dangerous. However, that doesn't prevent some people from still doing it. Ford is trying to take the safety message directly to young drivers with a special suit that allows them to simulate driving under the influence. It is all part of Ford's Driving Skills for Life program that gives free driving education to young people. The program is meant to "train kids in skills they don't learn in driver's ed," said Kelli Felker, Ford Safety Communications Manager, to Autoblog. The drivers don a few items to impair their senses and make them off-balance to simulate having a few too many drinks and then go out on a closed course with an instructor to see the effects. Felker said that the suit is a new part of the program, and Ford just received the outfit in the US. It will be incorporated into the training here in the late spring or early summer. Scroll down to see the effect it has on drivers in Europe. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.