Federal and International

Two Denso Corporation Executives Agree to Plead Guilty for Price Fixing and Bid Rigging on Auto Parts Installed in U.S. Cars

Washington, DC–(ENEWSPF)–May 21, 2013.  Two DENSO Corp. executives – Yuji Suzuki and Hiroshi Watanabe – have agreed to plead guilty for their roles in international conspiracies to fix prices and rig bids of certain automotive components installed in U.S. cars, the Department of Justice announced today.  The executives, both Japanese nationals, have also agreed to serve time in a U.S. prison.

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Yuji Suzuki, a senior manager in DENSO’s Toyota Sales Division, has agreed to serve…

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