China Finds Mercedes-Benz Guilty in Price-Fixing Case

Newswire

* Daimler price fixing probe part of broader industry clampdown * China regulators pressure Europe auto makers to lower prices * Margins at China operations likely hurt in long run (Changes dateline, adds analyst comment, detail of price cuts, background) By Brenda Goh SHANGHAI/FRANKFURT, Aug 18 (Reuters) - Germany's Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported, adding to pressure on foreign ...

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Jul 26, 2016
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