China Tells Automakers They Can No Longer Charge A Premium For Vehicles Sold In China

A lot of controversy was stirred up in China along with the humungous prices some manufacturers practice in the communist country. Compared to the prices in the US, the Chinese often have to pay up to 3 times as much for the same car, for no apparent reason.

The authorities decided it was too much and started looking into the practices some manufactures employed on their own turf. Therefore, a couple of fines were handed out some time ago, to force manufacturers such as BMW, Mercedes-Benz, Audi and others to lower their prices and play fair. However, others found different ways to deal with these situations.
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chewy - 9/29/2014 4:42:07 PM

+1 Boost

Isn't most of the price difference due to government imposed taxes/duties whatever you call it?

pepito66 - 9/29/2014 6:07:18 PM

+1 Boost

It is time to take your belonging and leave. The most you wait ,the worse could be the damages and lost in your busines and trade with "China". You must open your eyes and move fast never is to late.

MDarringer - 9/29/2014 8:45:21 PM

+1 Boost

China got it RIGHT...

MDarringer - 9/29/2014 7:29:42 PM

+1 Boost

China understands how to have a robust economy. It's too bad the American regime is so clueless.

skytop - 9/29/2014 8:52:19 PM

+1 Boost

Yea, only America has the right to be ripped off with premium parts prices.

mre30 - 9/30/2014 4:20:28 PM

+1 Boost

10 percent of China's population lives what one would term a "western" (i.e. middle/upper class and/or suburban/urban) existence.

The remaining 90% of the country is uneducated, agricultural, rural, peasant-like.

We are not talking a thriving economy - just an economy with an extremely large population and (by the law of large numbers) an emerging consumer class.

China has a long way to go and has its share of problems (see recent headlines about protests in Hong Kong).

HughJass - 9/30/2014 10:08:58 PM

+1 Boost

F'em. We don't need them, there are plent of consumers else where. We built China and we can easily bankrupt them. Tell them to find another consumer country like ours to dump their garbage into. They can't because non exists.

The problem is our richest want the cheapest labour and currently, we've set up China to be that cheap labour. Time to pick a new winner and let China go back to being poor because the Russians won't be able to help them out with the exception of exporting women and oil to China in exchange for whatever US money China has on hand.