FBI searches 3 local auto suppliers
Paul Egan and Christine Tierney / The Detroit News

Detroit -- The FBI in Detroit executed search warrants at the offices of three Metro Detroit automotive suppliers Tuesday night in connection with an international anti-trust investigation, officials said today.

The warrants were executed at the offices of Yazaki North America in Canton Township, Denso International in Southfield and Tokai Rika in Plymouth Township, said Special Agent Sandra Berchtold.

Gina Talamona, a spokeswoman for the anti-trust division of the U.S. Justice Department, said her office was investigating "the possibility of an anti-competitive cartel" by automotive electronic components suppliers.

"We are coordinating with the European Commission and other foreign competition authorities," Talamona said in a statement.

A spokeswoman for Denso, a supplier part-owned by Toyota Motor Corp., said the FBI had come to the offices Tuesday in connection with an antitrust investigation. Bridgette LaRose Gollinger, senior public relations specialist at Denso, said the investigation was not related to Toyota's recall issues, the object of congressional hearings this week.

From The Detroit News: http://www.detnews.com/article/20100224/...s#ixzz0gV1swghb


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Winter is Coming

Now this is the Law of the Jungleā€”as old and as true as the sky; And the wolf that shall keep it may prosper, but the wolf that shall break it must die.
As the creeper that girdles the tree-trunk, the Law runneth forward and back; For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.