News of automobile spare parts, consumables, auto parts and aftermarket .

Toyo fined for bid rigging

Toyo Tire & Rubber Co. pleaded guilty to three counts of bid rigging under Canada’s Competition Act and was fined $1.7 million. According to the case, Toyo participated in a bid-rigging conspiracy related to the supply of anti-vibration components to Toyota Motor Corp.

Written by Mihail
Comments (0)
14.12.2015

Bridgestone reports modest growth in first half

Bridgestone Corp.’s operating income for the first six months of fiscal 2015 increased 6.5 percent to $1.98 billion, driven by the appreciation of the U.S. dollar vs. the yen, lower crude oil prices and the slowly recovering Japanese domestic economy.

Written by Mihail
Comments (0)
01.09.2015

Porsche Finance Group financed the first vehicles from MAN Тruck and Bus Ukraine within MAN Finance program

To date, one of the trends in the auto financing market of Ukraine is an increase in demand for commercial vehicles from corporate clients. Thus, in September 2014 Porsche Finance Group (PFG) funded the purchase of 18 items of MAN equipment. Both permanent and new customers used this advantage of financing.