USEUROPEAFRICAASIA 中文双语Français
Home / Business

Toyota officials appearing on NDRC's radar

By Reuters | China Daily | Updated: 2014-09-17 08:42

Regulator probes pricing policies regarding spare, replacement parts

The National Development and Reform Commission, China's price regulator, has summoned executives from Toyota Motor Corp for questioning over pricing policies and practices for spare and replacement parts in its luxury Lexus division, people with direct knowledge of the matter said.

The questioning coincided with the first-ever punishments of foreign automakers for price - fixing this month, when fines were imposed on the Chinese venture of Volkswagen AG and the China sales unit of Fiat's Chrysler.

Toyota officials appearing on NDRC's radar

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US