Violation Tracker Individual Record

Company: 
Toyoda Gosei Co. Ltd.
Current Parent Company: 
Toyoda Gosei
Penalty: 
$26,000,000
Year: 
2014
Date: 
September 29, 2014
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Toyoda Gosei Co. Ltd., an automotive parts manufacturer based in Aichi, Japan, has agreed to plead guilty and to pay a $26 million criminal fine for its role in conspiracies to fix prices and rig bids for automotive hoses, airbags and steering wheels sold to automobile manufacturers.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
Japan
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
automotive parts
Specific Industry of Parent: 
automotive parts
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.