TOLEDO, Ohio (AP) - The U.S. Justice Department says a former sales executive with a Japanese auto parts manufacturer has agreed to plead guilty to fixing prices for parts sold to automakers in the U.S.
The federal government says Makoto Horie worked for Toyoda Gosei in Troy, Michigan, and played a role in a conspiracy to fix prices and rig bids. The justice department says a plea deal calls for him to serve a year in prison and pay a fine.
Last fall, Toyoda Gosei Co. Ltd. agreed to pay a $26 million fine as part of the investigation into its sales involving automotive hoses, airbags and steering wheels.
A message seeking comment was left with the company Tuesday. No court records were available indicating whether Horie has an attorney.
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