WASHINGTON, April 26 An executive with Japan's
Denso Corp will plead guilty and has agreed to serve 14
months in prison for conspiring to fix the prices of heater
control panels in cars, the U.S. Department of Justice said on
The Justice Department said that in January Denso Corp said
it would plead guilty to price-fixing in auto parts and pay a
$78 million fine.
Denso's Makoto Hattori will plead guilty to a single felony
charge that was filed in the U.S. District Court for the Eastern
District of Michigan.
Hattori's plea deal is the ninth time an executive has been
charged in the case.
Five companies including Denso, Japan's Yazaki Corp,
Furukawa Electric Co, Japanese electric wire and cable
maker Fujikura Ltd and G.S. Electech have pleaded
guilty and agreed to pay more than $748 million in fines.
Yazaki agreed to pay $470 million, the second largest
price-fixing fine paid in the United States.