© 2024 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
TECHNOTE: Friday Apr 26 Update - TV is broadcasting at low power. LEARN MORE HERE.

China Investigates Lexus For Anti-Monopoly Violations

DAVID GREENE, HOST:

We begin NPR's Business News in China's foreign car market. Toyota, the Japanese automaker, said today that it will lower prices of auto parts for its luxury Lexus models in China. This comes after Chinese regulators raised concerns over possible antitrust in the country's auto industry. Critics say authorities there are targeting foreign companies more heavily than Chinese firms since passing an antitrust law in 2008. The price cuts will kick in at the beginning of September and follow similar moves by German carmakers. Transcript provided by NPR, Copyright NPR.

Journalism at this station is made possible by donors who value local reporting. Donate today to keep stories like this one coming. It is thanks to your generosity that we can keep this content free and accessible for everyone. Thanks!