European auto parts manufacturers support anti-monopoly in China's auto industry

Release time:

2023-09-15 14:31

In the early morning of September 10, Beijing time, the European Union Chamber of Commerce in China (The European Union Chamber of Commerce in China), which represents the interests of more than 100 European auto parts manufacturers and related companies, said on Tuesday that the Chamber of Commerce supports the Chinese authorities in cracking down on market monopoly and requires Automakers relax measures to control the sales of auto parts in China, and said that the Chinese government should use the anti-monopoly law to help consumers lower the prices of related products.

The European Chamber of Commerce in China says automakers control China's parts market and other aftermarket services, causing dealers and consumers to pay higher prices than elsewhere. The Chamber of Commerce pointed out in this position paper that "the supply of parts is completely controlled by automakers and is only allocated to their authorized dealers, resulting in excessive pricing of repair parts, and by forcing the inventory level of vehicles and parts., Making dealers bear additional burdens."

The document pointed out that component manufacturers are usually afraid to express their dissatisfaction publicly for fear of reprisals from automakers.

China's antitrust regulator recently launched a review of foreign high-end carmakers' control of parts sales in China. Audi, BMW and Daimler Group's Mercedes-Benz, which together control about 70% of China's luxury car market, have been asked to reduce the price of parts. The companies said they were cooperating with investigators.

Audi had no immediate response to reports from Mercedes-Benz; BMW declined to comment.

The report by the European Union Chamber of Commerce in China did not mention the specific names of these dissatisfied parts suppliers. Several European auto parts suppliers, including GKN, did not immediately respond to reports; Britain's Delphi Motors and France's Faurecia declined to respond to reports.

Auto parts suppliers raised similar grievances in a position paper in 2013, but the language used in the latest report is significantly stronger, highlighting the pressure that foreign automakers may encounter in China, an increasingly important market.

Some analysts pointed out that with the current anti-monopoly investigation, China may comprehensively rectify the way automakers distribute and sell cars and auto parts.

"Now is the time for everyone to actively play around in the hope that the regulatory rules that are shaping up will be more favorable to them," said Andreas Graef, director of the Shanghai office of Kearney Management Consulting. "Auto parts manufacturers want to send a clear signal to the authorities that they also want fair access to the Chinese aftermarket."

The report of the industry organization also gives the outside world a new understanding of the increasingly tough enforcement stance of China's anti-monopoly law in the past period of time.

The European Union Chamber of Commerce in China, which has more than 1800 member companies, also made some comments on China's anti-monopoly law in this report, saying that the regulations lack clear standards and implementation methods.

Chinese Premier Li Keqiang said on Tuesday that the anti-monopoly investigation is not aimed at specific companies or industries, Xinhua reported. He told business leaders on the eve of the World Economic Forum's annual meeting in Tianjin that only one in ten of the companies surveyed were foreign.

In addition, the Chinese government on Tuesday fined three Chinese cement companies a total of 0.114 billion yuan ($18.6 million) for conspiring to monopolize prices. (Kong Jun)

There is a reason why Japan can monopolize global auto parts.



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