Nobuhiko Niwa Charged with the price fixing deals to GM, Ford, Chrysler and Honda

Nobuhiko Niwa, a Japanese national, was the Director of the Corning International Company from July 1999 to 2011. He was appointed director of the mobile emissions division. According to a spokesman of Corning Company, Niwa left his post with the company in 2012. On Wednesday, The US Court charged Niwa for rigging bids and price fixing for ceramic substrates that are used in the systems of emission control. These emission control products were sold to Ford, Honda, and Chrysler Companies.

David Gelios is the special agent working at the Detroit Division of the FBI. He said that Niwa played a major role in price fixing and rigging bids. Niwa increased the cost to the suppliers, the manufacturers, and the consumers as well. He was charged by the court for negatively impacting the consumers and causing adverse consequences to the global economy.

Niwa was not only the person charged with price fixing; there were also 59 others. There were 39 other companies that were charged. According to the court, the companies and all the individuals have to pay a hefty fine for their wrongly conducted business. Their fines amount to more than $2.6 billion. The spokesmen of Corning International said that they should not be required to pay the fine but they would contact the investigation department to negotiate a lower fine.

On Your Fingertips

Velodyne Does Not Understand Fatal Uber Crash of the Lidar

Federal investigators had their hands full trying to figure out how a self-driving Uber SUV malfunctioned and hit a pedestrian while she was walking her bicycle across an empty, albeit darkened road, in Arizona. The company responsible for making the vision sensor for the Uber car are just as…

2019 Acura RDX Crossover

Acura took full advantage of the 2018 New York International Auto Show, using the event to finally reveal the production-ready version of their all-new 2019 RDX crossover SUV. Their latest SUV was first previewed at the Detroit Auto Show a few months prior. "Quickest, best-handling, and most…

The new VW Golf GTI

The iconic design of the updated Golf has even more charisma with a number of new detailed solutions. The team led by Klaus Bischoff, Volkswagen Head of Design, redesigned the bumpers and, together with engineers, conceptualised new headlights (halogen and LED), new LED tail lights and new wheels.…

Alfa Romeo - 2018 Mille Miglia - Second Stage

The overnight stay at Milano Marittima was a short one and the caravan was on the move again at first light. The rain, which had been very testing for the crews, especially in Ferrara, had given way to hazy sunshine, greeted with pleasure by the drivers and navigators. The second stage was long and…

2018 Nissan Leaf - first 100% electric drivetrain

Probably everything has been said about the 2018 Nissan Leaf, especially the fact that it is the first 100% electric drivetrain. After driving it, there are several things to say about it. But first, let's remember a set of facts that still blows us away. Probably the first thing that we noticed…