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Kayaba, Sumitomo to pay millions for price-fixing in US

Kayaba Industry Co, which does business in the US as suspension parts maker KYB, and Sumitomo Electric Industries are facing payments in the millions to settle price-fixing cases about the components that they make. As part of the Department of Justice's ongoing crackdown of price fixing in the auto industry, KYB agreed to pay $62 million and pleaded guilty to conspiracy to set the cost of shock absorbers from the mid '90s through 2012. The company allegedly worked with co-conspirators to keep the cost of the parts high, and those components then made it into vehicles from Honda, Kawasaki, Nissan, Subaru, Suzuki, and Toyota. "Any collusive agreement among competitors to restrict price competition undercuts our free enterprise system and violates the law," said Carter M. Stewart, US Attorney of the Southern District of Ohio, in the DoJ's announcement. Over the past few years, the DoJ has brought cases against 37 parts suppliers and 55 executives, leading to over $2.6 billion in fines. The investigations haven't always been so successful – some of the Japanese execs fled from the US to avoid prosecution. Critics allege that price fixing is simply how business is done. According to Automotive News, Sumitomo Electric Industries is also facing a $50 million settlement in a civil lawsuit that's related to price fixing of parts like wiring harnesses and heater control panels. The plaintiffs include owners and dealers that purchased vehicles with these parts. The company asserts that the violations are from before 2010, and it now has different process in place to avoid further violations. KYB Agrees to Plead Guilty and Pay $62 Million Criminal Fine for Fixing Price of Shock Absorbers Kayaba Industry Co. Ltd., dba KYB Corporation (KYB) has agreed to plead guilty and to pay a $62 million criminal fine for its role in a conspiracy to fix the price of shock absorbers installed in cars and motorcycles sold to U.S. consumers. According to charges filed today, KYB conspired from the mid-1990s until 2012 to fix the prices of shock absorbers sold to Fuji Heavy Industries Ltd. (manufacturer of Subaru vehicles), Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Nissan Motor Company Ltd., Suzuki Motor Corporation and Toyota Motor Company, including their subsidiaries in the United States.

New Subaru Levorg teased ahead of Tokyo Motor Show

While we only get a sedan version of the Subaru WRX in the U.S., Japan has had a wagon version to go along with it called the Levorg. The Subaru Levorg is about to get a big update, too, since the company teased a new generation for the Tokyo Motor Show. Based on the teaser image and video, the new Levorg's styling will be evolutionary. The various creases along the side have a bit more curve to them to emphasize the bulging fenders. The lines also look similar to those of the Subaru Viziv Tourer concept shown at the Geneva Motor Show last year. The current Subaru Levorg is offered with either a 1.6-liter turbocharged flat-four or the WRX's turbocharged 2.0-liter engine. We wouldn't be surprised if those engines carry over to the new model with some minor changes. Curiously, the current model also only comes with a CVT, which will probably continue to be the only transmission option. We would be more disappointed by that if the Levorg had any chance of coming to America. That said, if there are any Subaru product planners reading, the Levorg might sell well here if it was given a small suspension lift and fender flares. Call it the Crosstrek+ or Crosstrek XL or something like that. The turbo 1.6-liter would be a nice upgrade over the naturally aspirated 2.0-liter engine. And there are probably some old WRX hatchback fans who would love the turbo 2.0-liter Levorg, provided a manual was made available.

2018 Subaru Impreza price increase just $100

Subaru announced pricing on the 2018 Impreza sedan and five-door. The model was all-new for 2017, riding on a new platform with new sheetmetal and interior. Since there weren't any changes for 2018, prices only jumped by $100 over the 2017 model. As with nearly all Subarus, the 2018 Impreza comes with standard all-wheel drive and a flat-four engine. 2018 models will hit dealerships sometime this fall. The Impreza-based 2018 Subaru Crosstrek starts at just a few thousand more. The Impreza will be offered in 2.0i base, Premium, Sport, and Limited trim levels. All models come with a 2.0-liter naturally aspirated flat-four making 152 horsepower and 145 lb-ft of torque. Power is sent through either a five-speed manual or a CVT. In an attempt to alleviate some complaints about CVTs, Subaru says pre-selected gear ratios will mimic a seven-speed automatic. The 2.0i base starts at $19,355 for the sedan and $19,855 for the hatchback. Standard equipment includes a 6.5-inch touchscreen with both Apple CarPlay and Android Auto, power windows, power locks, power door mirrors, a tilting and telescoping steering wheel, and carpeted floor mats. The CVT option is $1,000. The 2018 Impreza Premium starts at $22,155 for the sedan and $22,255 for the five-door and only comes equipped with a CVT. It builds on the 2.0i base model, adding automatic headlights, 16-inch alloy wheels, and the all-weather package with heated front seats, windshield, and exterior mirrors. Impreza Premium five-door models come with permanent roof rails. A moonroof and some driver assistance features like blind-spot monitoring and cross-traffic alert are available on the Premium. The Impreza Sport starts at $22,955 with a manual and $23,755 with a CVT, with the five-door starting at $23,455 and $24,255 respectively. Like the Premium, the Sport builds on the model below it. As the name implies, the Sport is intended to have a fun-to-drive demeanor. It gets stiffer suspension, active torque vectoring, 18-inch wheels, and an STI shifter on the five-speed model. It gets LED daytime running lights, a black grille, body-color rocker panels, and turn signal side mirrors. The sedan gets a rear spoiler while the five-door gets unique black trim. Inside, the Impreza Sport comes with black upholstery with red stitching. That same red color accents the steering wheel, shifter, instrument panel, and door trim. The trim also gets different gauges than the other models.