Mercedes-benz follows audi's lead in price cuts

Beijing Mercedes-Benz Sales Service Co Ltd on Sunday announced a voluntary reduction in the price of selected repair parts in response to the Chinese government's anti-monopoly investigations into the automobile industry.

The company took the action following a similar move a week ago by German rival Audi as the industry faces antitrust probe pressure from the Bureau of Price Supervision and Anti-Monopoly of the National Development and Reform Commission.

Starting Sept 1, the new measure will reduce the price of more than 10,000 selected replacement parts for the entire Mercedes-Benz vehicle lineup. These include windshields, power steering systems and radiators, which will enjoy reductions of 29 percent, 24 percent and 16 percent, respectively.