On Air Now

Current Show

The Mix Morning with Nick and Kristen   6:00 AM - 10:00 AM

Listen to Kristen's Quickies on the :50's

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 100.7 FM Terre Haute, IN

Weather

Current Conditions(Terre Haute,IN 47807)

More Weather »
30° Feels Like: 23°
Wind: SSE 7 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Mostly Sunny 55°

Tonight

Partly Cloudy 37°

Tomorrow

Partly Cloudy 65°

Two Denso Corp executives to plead guilty to price fixing: U.S.

Employees walk outside of the Denso (Guangzhou Nansha) Co Ltd plant in Nansha, Guangdong province June 22, 2010. REUTERS/Tyrone Siu
Employees walk outside of the Denso (Guangzhou Nansha) Co Ltd plant in Nansha, Guangdong province June 22, 2010. REUTERS/Tyrone Siu

WASHINGTON (Reuters) - Two executives at auto parts maker Denso Corp <6902.T> have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the U.S. Justice Department said on Tuesday.

The executives, Yuji Suzuki and Hiroshi Watanabe, both Japanese nationals, agreed to serve time in U.S. prison and pay a criminal fine, the department said in a news release.

Denso itself agreed to plead guilty in the conspiracy and pay a $78 million fine in January 2012.

(Reporting by David Ingram; Editing by Gerald E. McCormick)

Comments