Sino-Japanese JVs also affected by the recent anti-monopoly investigations

Gasgoo.com (Shanghai August 12) - While Audi and Cadillac have been the most notable targets of the National Development and Reform Commission's recent crackdown on monopolies in the automotive industry, they are far from the only companies that have been affected. In response to investigations by the NDRC and Guangdong Provincial Commission of Development and Reform, several of Guangzhou's Japanese-affiliated joint ventures have announced that they will be lowering the prices of some of their auto part components, Economic Observer News reported today.

Aug. 15 , 2014
Honda Accord self combustion case makes Chinese headlines, Guangqi Honda denies the existence of any vehicle defect

Gasgoo.com (Shanghai August 5) - Guangqi Honda has been appearing in the Chinese media following a recent case of an Accord catching fire in Guangzhou. In an official response, Guangqi Honda stated that, after following an official investigation, they determined that the problem was not due to a design flaw, chinanews.com reported today. However, they have yet to locate the precise cause of the combustion.

Aug. 12 , 2014