General Motors "prey" on the Chinese
Chinese anti-monopoly service conducting an investigation in respect of a number of foreign automobile manufacturers. Under the "hot hand" Chinese anti-monopoly Committee members came and the famous South American company General Motors.

Chinese anti-monopoly service conducting an investigation in respect of a number of foreign automobile manufacturers. Under the "hot hand" Chinese anti-monopoly Committee members came and the famous South American company General Motors.
The main complaints of the Chinese Antimonopoly service due to the fact that in their opinion of foreign car companies operating in China, inflate the prices of accessories and after-sales service of a number of private vehicles. Today we know that the anti-monopoly investigation work car manufacturers in China have affected General Motors.
Joint venture with Shanghai automotive industry company (SAIC) and General Motors, which produces for the Chinese market, the brands of Buick, Chevrolet and Cadillac, working with the Chinese anti-monopoly regulator, informs ITAR-TASS. Now about the results of the negotiations auto concern with the authorities is not known. However, there is information that the company is not planning to reduce costs on their own products.
Remember that the Chinese authorities first tried to catch the foreign firms in monopolistic collusion. Previously, the Chinese anti-monopoly showed formal complaints firms Chrysler, Audi, 12 Japanese auto parts manufacturers. Studied in addition pricing Mercedes-Benz and Volkswagen, or their office, working in China.
Note that if in the US and Europe are the total price of all the parts exceeds the cost of a new car about 3 times, then on the Chinese market, this ratio can reach up to 12-fold growth. In the future launched antitrust investigations a number of solid Western car manufacturers have already announced significant reductions in prices for their own products.