german auto firm daimler confirms china investigation
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

German auto firm Daimler confirms China investigation

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice German auto firm Daimler confirms China investigation

A man looks at a Mercedes Benz car
Shanghai - AFP

China's probes into foreign firms spread to the auto sector Tuesday as German car giant Daimler said it was assisting authorities, after reports a Shanghai office of its Mercedes-Benz unit was raided.
"We confirm that we are assisting the authorities in their investigation," Daimler Greater China said in an email to AFP.
It is the first confirmation of an official inquiry into a foreign automaker in China, the world's largest car market, after authorities targeted overseas firms in several different sectors over the past year.
A team of nine anti-monopoly investigators from China's National Development and Reform Commission (NDRC) paid a surprise visit to a Mercedes-Benz premises in Shanghai on Monday, grilled employees and "forcibly" checked computers, reported Jiemian, a new media platform of state-run Shanghai United Media Group.
It quoted an unnamed source saying that the investigation focused on "Benz's prices of finished automobiles and its policy of maintaining minimum prices with distributors".
The NDRC is one of several Chinese government bodies which investigates violations of the country's "anti-monopoly" law. It is responsible for doing so from a pricing perspective.
The Mercedes-Benz office, in a western suburb of Shanghai, includes a dealership with a showroom and a service centre.
Several showroom employees told AFP they were unaware of any investigation.
But a security guard said the premises were visited by an investigation team two days in a row.
"They were here all day yesterday and three or four hours this morning," he said.
A sign outside says it is an authorised dealer of Mercedes-Benz China and the Beijing Benz Automotive Co. -- a joint venture between Daimler and Chinese partner BAIC Motor, which has been producing Mercedes-Benz passenger cars since 2006.
Since last year, China has launched sweeping probes into alleged wrongdoings by foreign companies in several sectors, including the pharmaceutical and baby milk powder industries.
Last week, a Chinese government agency said it was investigating US software giant Microsoft for allegedly operating a monopoly in its market.
The State Administration for Industry and Commerce (SAIC), which also enforces the anti-monopoly law, said that probe centres on Microsoft's Windows operating system -- which is used on the vast majority of computers in China -- and the Office suite of programs.
State media have said China is planning to announce US chip maker Qualcomm has monopoly status in the mobile phone chip market.
And last year, China fined six baby formula producers -- all but one of them foreign -- a total of $108 million for price-fixing.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german auto firm daimler confirms china investigation german auto firm daimler confirms china investigation

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german auto firm daimler confirms china investigation german auto firm daimler confirms china investigation

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 17:17 2017 Monday ,06 February

Kuwait’s new opera house catches fire

GMT 07:40 2011 Friday ,11 November

Groser: U.S pushing for TPP next year

GMT 12:19 2017 Thursday ,09 February

Warriors crush short-handed Bulls, Spurs and Cavs win

GMT 13:46 2017 Monday ,18 September

Kuwait, India discuss military ties

GMT 06:02 2018 Friday ,12 January

Brexit could cost nearly 500,000 UK jobs

GMT 13:41 2017 Saturday ,30 December

Former coach criticizes Egypt’s Cuper

GMT 11:05 2012 Monday ,02 January

India\'s Maruti sees 7.1% fall in monthly sales

GMT 05:28 2015 Sunday ,08 March

Aden Yemen 'capital'

GMT 15:36 2012 Thursday ,12 July

Molinari leads Scottish Open

GMT 13:20 2011 Friday ,25 November

A colourful impression

GMT 13:18 2011 Sunday ,29 May

Taiwan welcomes US Senate push for F-16 sale

GMT 05:33 2013 Wednesday ,20 February

Ubuntu for smartphones approaching

GMT 09:45 2011 Wednesday ,27 July

S. Korea seeks to build airport on East Sea island
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice