Autoliv Fined $14.5M In DOJ's Auto Parts Cartel Probe

Law360, New York (June 6, 2012, 1:43 PM EDT) -- Swedish auto parts maker Autoliv Inc. has agreed to pay a $14.5 million fine after pleading guilty to its role in conspiracies to fix prices on car seat belts, air bags and steering wheels, the U.S. Department of Justice said Wednesday.

The DOJ also said in a Wednesday statement that an executive of the Japanese Yazaki Corp., Kazuhiko Kashimoto, agreed to serve 14 months in prison and pay a $20,000 criminal fine after he pled guilty to his role in a separate price-fixing scheme on automotive...
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