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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.

2015 Subaru WRX looks to set a new benchmark in LA

Subaru has just taken the wraps off of the new, 2015 WRX at the 2013 Los Angeles Auto Show. The totally redesigned sedan - the five-door option won't be offered - is more powerful, more fuel efficient (with the right transmission), better looking and more intelligently designed than the car it's replacing.
A new 2.0-liter, direct-injected, turbocharged flat-four sits thumping away under the hood, its top-mount intercooler getting force-fed air by a rather prominent hood scoop. Power output sits at 268 ponies and 258 pound-feet of torque, accessible between 2,000 and 5,000 rpm. While the new car only has a three-horsepower advantage on the current Impreza WRX, it delivers 14 more pound-feet of torque and delivers peak output across a much wider swath of the rev range (the old car netted 244 lb-ft at 4,400 rpm). All this extra grunt comes at a negligible weight penalty - a 2015 WRX with the six-speed manual is just 59 pounds heavier than a 2014 model.
As we said, a six-speed manual is will be available, and as a bonus, it packs one additional cog over the current, 2014 WRX's five-speed DIY transmission. So equipped, the WRX will scamper to 60 in just 5.4 seconds. As for the previously-confirmed continuously variable transmission, it will come with both six- and eight-speed manual shift modes, but will take half a second longer to get to the magical 60-mile-per-hour mark.

There's a 2017 Subaru Impreza hatchback, too

The heart of the new Impreza is the new Subaru Global Platform. It's a unique item, partially because it sees Subaru using terms we don't always associate with affordable C-segment hatchbacks and sedans. Agility – a phrase more often reserved for performance vehicles – is a big part of the new platform. The basic suspension layout hasn't changed dramatically, with struts in front and a double-wishbone setup in back, but Subaru is claiming a 50-percent reduction in body roll. The new platform, meanwhile, promises a 70-percent increase in body rigidity compared to the current car. In short, this should be a much more tossable Impreza. And a turn, a more tossable WRX. We likey. It will also be a more powerful car, too, although only just. The new 2.0-liter flat-four engine has been blessed with direct injection, boosting power up from 148 to 152 ponies. Like we said, only just. Subaru was cagey on transmissions, simply saying that "highline trims" would get a Lineartronic CVT with a seven-speed manual mode. View 11 Photos Like the current Impreza, the updated model will be offered in base, Premium, Sport, and Limited trims. We're taking particular note of the Sport, which gets 18-inch wheels, a unique suspension tune, and active torque vectoring. It should make for an entertaining package, although customers aching for something more comfortable should look to the nicely equipped Limited. The top-end trim adds a power driver's seat, eight-inch touchscreen, push-button start, a Harmon/Kardon stereo, leather upholstery, and 17-inch wheels. Subaru's awesome EyeSight safety system will also be offered, too. The 2017 Impreza goes on sale later this year, following this week's New York Auto Show debut. 2017 Subaru Impreza reveal. autoblog.com/new-york-auto-show Posted by Autoblog on Tuesday, March 22, 2016 Show full PR text SUBARU INTRODUCES ALL-NEW, U.S.-BUILT 2017 IMPREZA®; NEW GLOBAL PLATFORM DELIVERS MAJOR GAINS IN HANDLING PERFORMANCE, CRASH SAFETY AND RIDE COMFORT Sedan and 5-Door Styles New Subaru Global Platform Significantly Enhances Safety, Ride Comfort and Agility Award-Winning EyeSight®, Plus New Driver Assist Technologies SUBARU STARLINK® Safety and Security Features and Apps New Subaru Design Language Debuts 2.0-liter Boxer Engine with Direct Injection and Higher Performance First Impreza to be Built in U.S.