Toyota is taking a diplomatic stance as fines levied on manufacturers this week as part of a Chinese anti-monopoly probe shine an unwelcome light on auto parts pricing in the world's biggest car market.
Lexus said in a statement on Thursday:Lexus China decided to lower the prices of some parts due to increased interest in auto parts pricing on the part of the public and the local authorities, as well as to maintain customer satisfaction.
The National Development and Reform Commission has fined ten of these a total of Rmb1.24bn ($202m) – the biggest antitrust fine imposed by a Chinese authority – alleging they had negotiated prices and agreed on quotes for orders between 2000 and 2011.
中国国家发改委(NDRC)已对其中10家企业处以总额为12.4亿元人民币(约合2亿美元)的罚款,这是中国监管机构有史以来开出的最大一张反垄断罚单。国家发改委指称,2000年至2011年期间,这些企业私下协商并操纵价格。