KYB has been Fixing Prices of Shock Absorbers

[grimreaper009]

Well i Just read a article about this and was like damn no wonder we suffer with shock prices for some vehicles as well most of us buy KYB LOL anyway back to the story of what i read. So KYB has pleaded guilty to fixing prices of shock absorbers in the Americas and will have to pay 62mil in fines lol. The DOJ had said that "KYB and two co-conspirators agreed on the allocation of shock absorbers in the US market and agreed on how they would update their prices to car and motorcycle manufacturers. The goal was keeping prices up and in control and they were successful as the DOJ reports". Companies which were directly targeted were Honda, Subaru, Nissan, Toyota, Kawasaki and Suzuki. Apparently KYB had been up to this from the mid 1990s-2012.

Here the report if you wanna read it : KYB Agrees to Plead Guilty and Pay $62 Million Criminal Fine for Fixing Price of Shock Absorbers | OPA | Department of Justice

 

[nirtime]

Hmmm well look thing. KYB is all I recommend when men looking for Japanese replacements. No wonder the prices for some way up there.

 

[grimreaper009]

yea lol no wonder lol the prices for them on ebay amazing for some series which i cannot remember atm

 

[nirtime]

Lmao you should get a few screenshots to go with the article.

 

[grimreaper009]

nah once its shocks they selling in the us the price would have been adjusted to the type of car like the agx brand

 

[nirtime]

Yeah typically thats expected.