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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.
Honda reveals XR-V crossover in Chengdu
Thu, 04 Sep 2014Global automakers have been moving largely towards global products, but that doesn't mean it can't tweak them for local tastes. Take Honda, for example, and its new compact crossover. Unveiled late last year as the Vezel, the crossover is expected to arrive in Europe and North America as the HR-V. But in China, it's being called the XR-V and adopts the form you see here.
Presented by Dongfeng Honda at the Chengdu Motor Show, the new XR-V is based closely on the Vezel but adopts some unique bodywork for a more rugged look. The front end gets a more SUV-like grille and bumper, while the side flanks are less swoopy but with more muscular wheel arches. The result may not be as bonkers as the Mugen version that debut at the Tokyo Auto Salon tuner show, but reminds us more of the similarly named and ruggedized Subaru XV Crosstrek.
Though technically billed as a concept, the Chinese-market XR-V looks just about ready for production as it is. Both 1.5- and 1.8-liter engines are specified, and while there may not be a wealth of other details available, you can read what there is in the press release (presented in original and translated forms) below.
Honda, Top Gear working on 130-mph lawn mower
Wed, 12 Jun 2013We're not even sure they've got a blade of Kentucky Bluegrass to cut, but the folks at Top Gear have gone ahead and started building what will become, if they're successful, the world's fastest lawn mower. Actually, it appears Top Gear is not doing much of the design and assembly work at all, instead having solicited help from experts at Honda and Team Dynamics, which oversees the automaker's touring car efforts.
What the three are working on is a riding lawnmower with a 110-hp engine that can reach 60 miles per hour in four seconds and trim turf at speeds up to 130 mph. If they succeed, such a maximum velocity would put them well ahead of the current record for the world's fastest lawnmower, which is 96.529 mph set by Bobby Cleveland and his Snapper race mower at the Bonneville Salt Flats in September of 2010. Top Gear hasn't said whether or not it will officially go after Cleveland's record, but the build will be featured in an upcoming issue of the Top Gear magazine and is scheduled to be completed by June 17, so we may learn what this maniacal mower's true purpose is then.
According to TG's report on how the build is going, as well as the video of it being fired up (literally) for the first time below, there aren't many actual mower parts left on this machine. What started out as a Honda HF2620 mower now sports wheels and tires from a racing quad, a back axle from a go-kart, a steering rack from a Morris Minor and a 1000cc engine from a Honda VTR1000F sport bike. All that remains from the original mower are the pedals and body panels; even the steel cutting deck has been replaced with a lighter fiberglass version. And blades? This mower will be bladeless, instead using two electric motors to spin lengths of brake cable like a weed whacker.