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China regulator takes aim at Lexus parts pricing policies
2014-09-17 02:40:47| Auto Dealers - Topix.net
China questions executives from Toyota about luxury brand's parts policies as foreign players are fined for anti-competitive behaviour China's regulator has summoned executives from Toyota Motor Corp over pricing policies and practices for spare and replacement parts at its luxury Lexus division, sources with direct knowledge of the matter said. The questioning coincided with the first-ever punishments of foreign carmakers for price fixing this month, when fines were imposed on the Chinese venture of Volkswagen and the China sales unit of Fiat's Chrysler.
Tags: china
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Category:Automotive