More in Trade

  • Newswire

    EU Trade Group: Foreign Auto Parts Makers Won't Need Chinese JV Partners  

    The European Union Chamber of Commerce in China dismisses a newspaper report that foreign auto parts makers will be required to form joint ventures with local partners....More
  • Newswire

    UPDATE 2-China antitrust regulator fines two Japan auto parts makers  

    (Adds Yazaki receiving NDRC notification, Denso comment) TOKYO, Aug 19 (Reuters) - Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector....More
  • Newswire

    Report Says China to Fine Audi $40 Million in Anti-Monopoly Case  

    An anonymous source tells the 21st Century Business Herald the government is basing the German luxury automaker's fine on a percentage of its 2013 car sales in Hubei province....More
  • Newswire

    Audi to Accept Penalty in China Antitrust Investigation  

    The German luxury automaker says it will accept a penalty and revise its management practices at its sales division in Hubei province....More
  • Newswire

    Japanese Automakers Cut Parts Prices in China Amid Anti-Monopoly Probe  

    Toyota and Honda says their joint ventures with Chinese partners will cut spare-parts prices in response to the probe, while Nissan's JV with local automaker Dongfeng says it is "actively studying" responses to regulators' suggestions....More
  • Newswire

    UPDATE 1-Mercedes-Benz exec says not aware of any price probe in China  

    (Recasts with quotes from executive, spokesman) SHANGHAI, July 22 (Reuters) - A China executive at Daimler AG's Mercedes-Benz said he was not unaware that the company was under any government probe into spare part prices. Local and foreign media reported last week that Mercedes-Benz as well as other foreign car makers were being probed by the National Development and Reform Commission (NDRC), the country's price regulator, for possibly over-charging customers in China....More
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