Chinese Regulators Summon Lexus To The Whipping Shed Over High Parts Prices

Chinese Regulators Summon Lexus To The Whipping Shed Over High Parts Prices
China's price regulator has summoned executives from Toyota Motor Corp over pricing policies and practices at the Japanese carmaker's luxury Lexus brand, people with direct knowledge of the matter said.

According to three China-based Toyota executives, the National Development and Reform Commission (NDRC) earlier this month summoned Beijing-based executives at Lexus for questioning.


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