GM’s China venture will be investigated by the NDRC for price fixing in its retail operations, Bloomberg reports. While it is tempting to tie this to the forthcoming tit-for-tat trade war between the U.S. and China, it also follows investigations of other overseas producers with local operations such as Daimler. Panjiva data shows GM and SAIC’s imports fell 22% in the three months to October 31 on a year earlier. This brought the annual total to $2.8 billion as local production ramped up using more Chinese metal components. The operations are still integrated into GM’s global su...
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