· Toyota responds to anti-monopoly investigation: bad evaluation of active cooperation

Niu Wei, director of the corporate public relations department of Toyota China Public Relations Propaganda Department, responded that Toyota will fully cooperate with relevant state departments to conduct any investigation.
"In recent days, the Commission has completed the investigation of the implementation of the monopoly case of auto parts and bearing prices for 12 Japanese companies, and will impose penalties according to law." On August 6, the National Development and Reform Commission convened "accelerating the development of productive services, At the press conference to promote the adjustment and upgrading of the industrial structure, Li Pumin, secretary general of the National Development and Reform Commission, revealed the above news when answering questions from reporters.
At present, the Chinese anti-monopoly departments responded to European and American car companies, including Chrysler (China) Automobile Sales Co., Ltd., Jaguar Land Rover, FAW Volkswagen Audi, and have reduced the price of some vehicles and parts.
Li Pumin did not disclose the list of Japanese companies surveyed. According to the analysis of the Nikkei Chinese Network, 12 companies include major Japanese companies, and Japanese companies may be affected by the Japanese vehicles.
In an interview with the news (), the director of the corporate public relations office of Toyota China Public Relations Propaganda Department said that there is no way to introduce specific investigations or exchanges. If the relevant national departments need Toyota to cooperate in any aspect of investigation, Toyota Will cooperate fully. He further stated that Toyota fully complies with the policies and regulations promulgated by the relevant competent authorities of any country and conducts domestic business under this.
Honda China spokesperson Zhu Linjie said, "It is not clear about the anti-monopoly. I just saw some reports and it is not good to evaluate."
The public relations company responsible for the external affairs of Aisin Seiki Co., Ltd. said that it did not know about the anti-monopoly investigation. Aisin Seiki is a major supplier of Toyota auto parts.
Huo Jing, the head of Nissan's public relations department, denied that he had been investigated or questioned by the anti-monopoly department. She told the news () that Infiniti was also not investigated this year. However, it is not clear whether the parts suppliers of the subordinates are subject to relevant investigations.
It is worth noting that on July 2, the Ministry of Commerce of China issued a notice to the Ministry of Commerce to impose restrictions on the hybrid vehicle (HV) battery manufacturing company established by Toyota Motor and the Chinese company Keliyuan (600478, shares). Sexual conditions approved the concentration of this operator and required the joint venture company to sell products to companies other than Toyota.
The Ministry of Commerce pointed out that Toyota has a market share of 80.3% in the Chinese hybrid vehicle market and has strong market control. The Ministry of Commerce, on the grounds of fair competition that may undermine the market, requires the Toyota joint venture to sell its products to third parties other than Toyota under the Anti-Monopoly Law.
The Ministry of Commerce said that at the end of 2013, it received a centralized anti-monopoly declaration from the operators of Toyota and other joint venture companies, and began to investigate.
According to Xinhua News Agency reported on August 6, in fact, the NDRC's anti-monopoly investigation is not limited to the whole vehicle price, but also for the after-sales market parts supply channel monopoly and car factory and 4S shop limited price regional sales, want to eliminate "horizontal Alleged monopolistic behaviors such as restrictions, vertical restrictions, and abuse of market dominance."
In April of this year, the China Automobile Maintenance Association released the “zero ratio” of the common domestic models (referring to the ratio of the price of all the accessories of a car in the aftermarket to the sales price of the whole vehicle): such as the Beijing Mercedes-Benz “C-class W204” model, The coefficient is as high as 1273%, which means that 12 new cars can be purchased for all the accessories in China. The BMW 3rd E90LCI model has a coefficient of 661%; Volkswagen, Audi, BYD (002594, stock bar), etc. were investigated. The “zero ratio” factor of the model also exceeds 400%.
According to the report, Toyota's Lexus, Camry, Corolla and Yaris are all over 400%, which is the highest ratio of Japanese automakers in this report. In addition, the Honda Accord CP model has a zero ratio. For 342.66%, the zero ratio of Dongfeng Nissan Titan C11 is 375.92%. In the international market, the most common zero ratio is about 300%.
According to Xinhua News Agency, foreign anti-monopoly cases were cited. In the more mature automobile markets such as the United States, Japan, and Europe, a series of anti-monopoly investigations against auto parts manufacturers have been launched. The 12 Japanese companies involved include: Tokai Ricoh, Bridgestone, Panasonic, Autoliv, TRW Germany, Japan Seiki, GSElectech, Furukawa Electric, Yazaki Group, Denso Group, Diamond Motor and Fujikura Co., Ltd.; Control panel, turn signal switch, wiper, electric lock, instrument panel instrument, airbag, steering wheel and seat belt.

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