It's been a topsy-turvy summer for foreign businesses in China ever since that country's National Development and Reform Commission and State Administration for Industry & Commerce launched a horde of investigations into anti-monopoly practices. When the law outlining monopolistic behavior was passed in 2008 foreign companies appreciated it, expecting it to illuminate some of the more opaque corners of Chinese government enforcement. That hasn't exactly been the case, and now as more than 1,000 auto-sector firms get investigated and pay huge fines to settle the nebulous charge of having prices that are too high, that hoped-for clarity is all but gone.

A recent news report said Audi, Chrysler and Daimler "would be punished for unspecified violations" concerning the prices of spare parts. Earlier this month Toyota said that Lexus China was being looked at, and before there's been any public notification of punishment Lexus has decided to lower the price of its replacement parts. From next month, customers will save an average of 26 percent on roughly 15,000 parts. It's unknown whether the move will appease authorities enough to end the investigation, which outside analysts have said targets foreign firms in China over domestic industry.


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    • 1 Second Ago
  • 7 Comments
      SloopJohnB
      • 4 Months Ago

      I wish Audi would get punished for their outrageous parts prices/markup in North America!!!

      Adriano
      • 4 Months Ago

      It is a shame, that only China is able to make them to be "honest". The same happened with Carrefour supermarket, they typed always wrong prices (not only in france, but also in other countries). Only China was able to inflict a punishment for this behaviour... Other countries doesn't seem to be able to do anything to protect the end user!

      futurecars
      • 4 Months Ago *Edited*

      not only lexus, but also acura/honda.

      Alex Ellsworth
      • 4 Months Ago

      Well, if you don't like paying a premium for official parts from the manufacturer, you can always buy OEM knockoffs made in... China.

      Moraga_Pulsar
      • 4 Months Ago

      Very pretty ... but certainly not the silly (being nice) current design preferences of Lexus,

      skoobey
      • 4 Months Ago

      Oh, poor, poor manufactures, I almost feel sorry for them. You don't like having a fair margin (and not 150%+); then don't do business here.

      Iamazing
      • 4 Months Ago

      Hogwash, Toyota's don't need spare parts because they never break.  Oh, wait...