Robert Bosch has agreed to pay a fine of US$57.8m after being found guilty of fixing prices of spark plugs and other auto parts, the US Justice Department said.

According to Reuters, 34 auto parts makers have agreed to plead guilty or have pleaded guilty to price fixing of various auto parts.

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now