Kiekert to plead guilty for involvement in price-fixing of parts in US

News
Plant Closures & Downtime

To pay USD6.1 million fine

Kiekert has agreed to plead guilty and pay a fine of USD6.1 million for its involvement in price-fixing and bid-rigging of car locks and door latches in the United States, the US Department of Justice (DOJ) said yesterday (7 March).

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload