Justice Official: Auto Supply Price-Fixing Probe is the Biggest in U.S. History
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An investigation into alleged price fixing by auto-parts suppliers on four continents already is the most sweeping in U.S. history, according to John Terzaken, director of criminal enforcement in the antitrust division of the U.S. Department of Justice. The investigation has now spread to include six automotive component segments. The parts involved were sold both to automakers and in the aftermarket. According to the Department, officials from Australia and other jurisdictions have joined the investigation, along with previously disclosed participation of the European Union, Japan, and the United States.
On September 29, the Justice Department announced a plea deal with Furukawa Electric Company of Japan that included a $200 million plus fine, plus incarceration for three U.S. based company executives. The three await sentencing. No other companies have been charged.
Most of the approximately 20 automotive suppliers that have so far been identified as being part of the investigation are publicly held companies with legal requirements to inform shareholders when such an event occurs. Privately held companies don't have those notification requirements, and investigators haven't provided a comprehensive list of the suppliers under scrutiny.
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Smog Technician & Station SCORES Have Gone Live!
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All licensed Smog Check stations and inspectors will have the ability to check their performance in meeting the new standards on the STAR web page. The data shown on the site is intended to assist licensed Smog Check stations and inspectors in improving their performance prior to the start of the STAR Program in January 2013.
Please click here to view the STAR Smog Check Welcome Page.
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Introducing ASE Computer-Based Testing (CBT) for 2012
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Please click here to view 2012 testing dates and Q & A's about the new program.
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Refer a Member and Earn Cash!
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ASCCA is a strong organization today because of members like you! Remember - use the ASCCA Advantage to highlight member benefits and savings when speaking to potential members.
Earn a $75 referral fee to be paid directly to you or applied to your renewal dues!
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ASCCA Has a New Facebook Page
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Please visit us on our new Facebook page. We look forward to your comments and shared experiences. We will be posting information, links and events as a way to continue supporting our community and advancing our industry. We look forward to hearing from you soon! |
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One Capitol Mall, Suite 320
Sacramento, CA 95814
(800) 810-4272
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