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Thread: The last company I used to work for

  1. #1
    Thermal Engineer- Mmbr Since:8/2005 verified
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    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.
    Last edited by Alex3000gt; 05-23-2013 at 08:06 PM.

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  2. #2
    BAD ASS - I've got one Not Verified
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    Sounds like government.
    Ranked No. #1 in initial quality

    Idiots, simply by being idiots, seem capable of achieving randomly bad things that are beyond the imaginings of sensible people.

  3. #3
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    Quote Originally Posted by Alex3000gt View Post
    There is a lot of shady business going on behind closed doors in every supply and demand industry.
    FTFY.

    Jeremy

    Quote Originally Posted by Echo419 View Post
    Douches

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    And if you want even worse shenanigans, make the market mandatory.............like our new health care coverage.

    Quote Originally Posted by HilbillyHomeboy View Post
    FTFY.

    Jeremy

  5. #5
    Now with more poop-smear Not Verified
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    yeah. price fixing has also hit the LCD display industry and--currently--is a big issue with e-books & apple. this is why i don't believe in pure laisse faire capitalism.

  6. #6
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    Shit OPEC and oil companies have been price-fixing oil prices for ages. Who's going to prosecute them?

  7. #7
    Now with more poop-smear Not Verified
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    one more reason to make our economy energy independent.

  8. #8
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    Quote Originally Posted by mehrshadvr4 View Post
    Shit OPEC and oil companies have been price-fixing oil prices for ages. Who's going to prosecute them?
    JDAMs.

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