Aisin Seiki, three other suppliers agree to pay fine over price-fixing in US
Suppliers agreed to pay USD30 million in consumer settlements
Four auto parts suppliers, including three Japanese (Aisin Seiki, G.S. Electech and Tokai Rika) and one German (Schaeffler) have agreed to pay USD30 million in consumer settlements, with one paying an additional USD5.9 million to US dealerships to settle class-action lawsuits in price-fixing probe, reports Automotive News.
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