FBI Raids Three Toyota Suppliers
Published Feb 24, 2010
DETROIT — Three Michigan-based suppliers to Toyota Motor Sales, U.S.A. were raided today by the FBI, The Wall Street Journal is reporting.
The Journal reports FBI search warrants were carried out on Yazaki North America in Canton, Denso International America Inc., in Southfield and Tokai Rika, also known as Tram, in Plymouth.
Denso confirmed to the Journal that it was inspected by the FBI and said the investigation was based on allegations of violations of antitrust laws.
Denso supplies accelerator pedals for several Toyota vehicles. Toyota also uses pedals from supplier CTS. CTS pedal-equipped Toyotas are subject to the current unintended-acceleration recall, Denso pedal cars are not subject to the recall.
Yazaki Corp. supplies electronic components to Toyota.
Today in Washington is the second day of congressional hearings investigating Toyota's massive recalls. Secretary of State Ray LaHood testified today: "We will get in the weeds on this to find out if electronics are part of the problem," said LaHood. "If we find a problem, we will make sure it's resolved."
Inside Line says: Toyota's troubles are getting uglier by the minute. — Kelly Toepke, News Editor