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Car industry

World news about “Car industry” published by euronews.

20/08 14:55 CET

China fines Japanese car parts makers for price-fixing

China fines Japanese car parts makers for price-fixing

Japanese car parts makers are the latest to fall foul of Chinese competition regulators for alleged price-fixing. A dozen Japanese companies have been fined a record amount - the equivalent of 151 million euros. They include Yazaki, Sumitomo Electric, Denso and NSK. The…