China Plans Tougher Regulations Targeting Carmaker Price War
6 Articles
6 Articles
Reports suggest that Chinese car manufacturers and dealers may face a "strict" regulatory campaign to correct "unfair" pricing...
The Chinese government, through its regulatory agency, has begun to tighten oversight of vehicle pricing, particularly amidst fierce competition among domestic car brands.
China Drafts Auto Pricing Rules Targeting Below-Cost Sales
China’s State Administration for Market Regulation released draft guidelines on Friday establishing a framework for automotive pricing practices. The “Guidelines for Price Behavior Compliance in the Automotive Industry,” released for public comment with a December 22 deadline, represent Beijing’s most detailed intervention yet into the pricing war that has engulfed the country’s auto sector. Manufacturers and dealers were warned of “significant …
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