The Chinese government has launched an investigation into possible anti-competitive practices among GM's dealers in the country, according to local reports.
The country's antitrust authorities are looking into possible monopolistic practices among SAIC-GM dealers and specifically into their retail-pricing practices.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
China is GM's largest single market worldwide, with its joint ventures in the country selling a record 3.44m vehicles in the first 11 months of 2016.
Many market analysts have made a link between the investigation and US president-elect Donald Trump's recent phone conversation with Taiwan's President Tsai Ing-wen and comments he made separately on the country's 'One-China' policy.
In the past, these type of investigations have had the added effect of 'blunting' foreign criticism of China's domestic and foreign policies.
In the last two years, China has fined a number of foreign companies, including Volkswagen-Audi, Daimler and Fiat-Chrysler, for similar infringements as well as numerous Japanese parts manufacturers for supply chain price fixing.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
