News Column

4 Hubei BMW Dealers Fined CNY1.63mn for Price Cheating

August 14, 2014

SHANGHAI, August 14, SinoCast -- The commodity price administration of Hubei Province announces that it decides to fine four BMW dealers in Hubei CNY 1.63 million as pre-delivery inspection fees they charged is price cheating. The highest fine on one of the four dealers is CNY 937,900.

A press release by the local authority states that the administration reports the illegal pre-delivery inspection fee charging constitutes price monopoly and fines the four dealers in terms of anti-monopoly law.

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Source: Sinocast Transportation Beat (China)

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