The last company I used to work for
2010 - FBI raids Toyota supplier Denso's Southfield office in antitrust probe
Today - Denso executives plead guilty to US price-fixing case - Autoblog
Everyone at the company remembers the day the Federal Bureau of Investigation raided our tech center in February of 2010. Agents had pictures of the VP of Sales asking employees who were exiting the building "Where is he?" Shit man, you see this guy in the cafeteria every day eating lunch like any other guy and the asshole is brokering deals in back rooms for millions.
After having worked with some of the sales team, I can tell you that this is just the tip of the iceberg. There is a lot of shady business going on behind closed doors in the auto industry.
Sell you a part at a low cost here, gouge you on the other part. Drop the prices across the board for heat exchangers on a given vehicle model to close out the competition. Agreeing with competitors on prices with a wink and a nod when responding to RFQs from OEs.
Glad I'm not affiliated with that nonsense anymore.
