Chinese authority fines Hankook Tire for price fixing
Korean tire-maker allegedly reached agreements with dealers relating to the sale of truck, coach, and passenger car tires between 2012 and 2013 in Shanghai
South Korean tire-maker Hankook Tire has reportedly been fined CNY2.18 million (USD335,000) by the Price Bureau of Shanghai Municipality due to agreements the company reached with dealers in China, Sinocast reports, quoting the National Development and Reform Commission (NDRC).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
