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Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine

The 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.

2015 Honda Fit pricing leak shows slight increases across the board

Pricing for the next-generation 2015 Honda Fit has has been circulating online after a poster going by the username ChrisAP1 on tlxforums.com released the figures. None of these prices include the destination charge, which was not specified (the outgoing model's charge was $790).
According to the leak, the new Fit is being offered in three trim levels - LX, EX and EX-L. A base LX model with a six-speed manual starts at $15,525, with the new CVT running $800 more at $16,325. All cars come standard with air conditioning, cruise control, keyless entry, Bluetooth and LED taillights.
A six-speed EX will run buyers $17,435 or $18,235 for the automatic. Upgrading to this trim nets buyers a power moonroof, a proximity key, paddle shifters on CVT models, Honda's LaneWatch system, fog lights and a 7-inch touchscreen radio. Finally, the EX-L trim is only available with the CVT for $19,800 or with added navigation for $20,800. It adds heated leather seats, a leather shift knob and steering wheel, plus turn signals in the sideview mirrors.

2013 Honda Accord Coupe V6 6MT

One of the first cars I reviewed for Autoblog was - say it with me now - a 2010 Honda Accord Coupe EX-L V6 w/Navi 6MT, perhaps the rarest of all modern Accord models. I mean, think about it: Of all the different Accord variants on the road, how many are coupes? And how many of those have the larger V6 engine? And how many of those are fully loaded with leather, navigation and all the trimmings? And finally, how many of those have option sheets where the only box that isn't checked is the automatic transmission?
That has to be something like one percent of one percent, right?
So when Honda started rolling its all-new 2013 Accord into the test fleet, I was happy to hear that yet another Coupe EX-L V6 w/Navi 6MT model was available out of the Detroit pool. And while this really isn't the car that serves as the control for judging the entire Accord line, it's still one heck of a sweetheart.