Subscribe free to our newsletters via your
. GPS News .




CAR TECH
Mercedes-Benz accused of 'price-fixing': China media
by Staff Writers
Shanghai (AFP) Aug 18, 2014


China has accused Mercedes-Benz, a unit of German car giant Daimler, of price-fixing, state media reported, amid an anti-monopoly investigation into foreign carmakers.

Pricing authorities in the eastern province of Jiangsu have collected evidence that Mercedes-Benz controlled prices of its spare parts and maintenance services, the official Xinhua news agency reported Saturday.

The total cost of all spare parts for a Mercedes-Benz C-class could be 12 times more than a finished model, the report said, citing data from an industry group.

"The Benz case involves typical vertical price-fixing," Zhou Gao, head of anti-monopoly department at the Jiangsu price bureau, told Xinhua.

The bureau was designated by China's National Development and Reform Commission (NDRC) -- one of several Chinese government bodies that investigates violations of the country's "anti-monopoly" law -- to probe Mercedes-Benz for alleged monopoly actions, said Zhou.

A Daimler spokesperson confirmed Monday that the company was still "assisting" Chinese authorities in an investigation but declined to comment on the Xinhua report.

"We are unable to comment further on what is still an on-going matter," the company said in a statement provided to AFP.

Mercedes-Benz said in early August that it will cut spare parts prices from September in response to the anti-monopoly investigation by NDRC.

The case comes against the backdrop of a sweeping probe into foreign firms in China, which has spread from pharmaceuticals and baby formula to the auto sector, the world's largest but dominated by foreign brands.

More than 1,000 companies in the country's auto sector, both domestic and foreign, are currently under anti-monopoly probes by the government, the China Daily newspaper has reported.

The NDRC has yet to announce its findings and penalties for the companies involved.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CAR TECH
Energy, Army departments working on EV efficiency
Washington (UPI) Aug 15, 2013
The U.S. Energy Department said it was investing more than $55 million on more than two dozen projects aimed at improving electric vehicles. "Investments in the next generation of vehicle technologies will both strengthen our economy and lead to a more fuel efficient, clean energy future," Energy Secretary Ernest Moniz said in a statement. The initiative is part of a project laun ... read more


CAR TECH
Shipwreck yields 200-year-old bottle of drinkable booze

Statistical model predicts performance of hybrid rice

Drought hits Central America's crops, cattle

Dhaka's residents fight back over vanishing green spaces

CAR TECH
Electrical engineers take major step toward photonic circuits

'Cavity protection effect' helps to conserve quantum information

Could hemp nanosheets topple graphene for making the ideal supercapacitor?

Graphene-based planar micro-supercapacitors for on-chip energy storage

CAR TECH
Snoozing China air traffic controllers force jet to delay landing

Army taps Sikorsky-Boeing to develop new helicopter

Japan to test first homegrown stealth fighter jet: report

Airports plant prairie grass to prevent bird strikes

CAR TECH
Mercedes-Benz accused of 'price-fixing': China media

How fast you drive might reveal where you are going

Japan's NSK says hit with $28.5mn fine by China regulators

Obama strategist jumps aboard controversial Uber app

CAR TECH
Standard Chartered fined $300 mn over laundering controls

Foreign investment in China slumps in July: govt

Australia tycoon blasts Chinese government 'mongrels'

Bald ambition: Chinese county exports human hair to Africa

CAR TECH
Loss of Eastern Hemlock Affects Peak Flows after Extreme Storm Events

Girl, 4, survives 11-day ordeal in bear-infested Siberian forest

Forest-thinning projects tabled over endangered species concerns

Forests for the future: Kenya's carbon credit scheme

CAR TECH
Watching the Winds Where Sea Meets Sky

TechDemoSat-1 video from orbit captures spectacular view of Earth and a flypast of the launcher

Study of Aerosols Stands to Improve Climate Models

NASA's IceCube No Longer On Ice

CAR TECH
Eco-friendly 'pre-fab nanoparticles' could revolutionize nano manufacturing

Self-assembly of gold nanoparticles into small clusters

Super-Black Nano-Coating to Be Tested for the First Time in Space

A Crystal Wedding in the Nanocosmos




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.