BEIJING—China has imposed fine of $202 million on 12 Japanese car parts makers for allegedly price-fixing. The ruling came after Chinese regulators raided several foreign companies, including Mitsubishi Electric, Sumitomo Electric, Audi, BMW, Daimler and General Motors.
WASHINGTON—Japanese auto parts maker Bridgestone Group has agreed to pay a fine of $425 million to the U.S. Department of Justice over anti-trust allegations related to the sale of anti-vibration rubber products for vehicles.