German auto parts giant Gautier announced on Monday that it had agreed to settle an antitrust case against it.
The agreement includes $1.6 billion to cover antitrust violations by its German subsidiary, which is part of the Gautiers Auto Parts group.
Gautier has been the subject of multiple antitrust suits in recent years.
In August, the company agreed to a $2.4 billion settlement with the Federal Trade Commission, which accused it of misleading consumers by advertising low-cost parts for its trucks.
Gartner, a technology research firm, said the settlement is the largest of its kind in the US.
“Gautiers auto parts division was accused of misleading customers and the public by advertising lower-quality vehicles, vehicles with lower-priced parts, vehicles that did not meet the performance and safety standards of its trucks, and that did so at the expense of customers and manufacturers,” Gartner said in a statement.
The company also said it would pay $6.5 million to settle another antitrust case, this time with the California Department of Motor Vehicles.