Takata agrees to pay US$71.3m for seatbelt price fixing

Takata will settle antitrust charges with US federal prosecutors by paying US$71.3m for price fixing seatbelts sold to automakers, Reuters reported.

The proposed settlement is the latest in a long-running probe by antitrust enforcers in several countries into price fixing of more than 30 types of car parts, including seat belts, radiators, windshield wipers, air-conditioning systems, power window motors and power steering components.

Already, 20 companies and 21 executives have agreed to plead guilty in the US. The companies have agreed to pay US$1.6bn in fines overall.

For the full story, see the November 2013 edition of MobileTex. Not a subscriber? Click HERE

 

Lantal offers a wide selection of new products at Busworld Kortrijk

At last month’s Busworld in Kortrijk, Belgium, Lantal Textiles presented its comprehensive solutions for interior furnishing textiles, as well as new collections, innovative products, helpful services and impressive visualisation techniques.

According to the company of Langenthal, Switzerland, colour co-ordinated bus interiors contribute significantly to the well-being of passengers and make the company’s brand visible and tangible.

In search of differentiation and cost-effectiveness, bus manufacturers and companies are pursuing a variety of different priorities, including delivery speed, design, costs and environmental concerns.

For the full story, see the November 2013 edition of MobileTex. Not a subscriber? Click HERE

Posted by Geoff Fisher on 5 November 2013

 

 

Do you want to know more about this story and read more like it?

Buy a year's subscription to this newsletter and receive a printed copy straight to your door covering hard-to-find commercial news, information and business opportunities.
 

Subscribe Now

Buy A Subscription