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The three departments issued the “Guidelines on Overseas Competitive Conduct and Compliance Building in the Automobile Industry”. Among them, it is mentioned that enterprises should respect the right of dealers and agents in the host country to set their own pricing according to law and regulations, and do a good job of compliance supervision of dealers and agents. When granting sales incentives to overseas distributors, agents, etc., clear and reasonable agreements shall be made in accordance with regulations, and the agreed obligations shall be fully fulfilled.
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The three departments issued the “Guidelines on Overseas Competitive Conduct and Compliance Building in the Automobile Industry”. Among them, it is mentioned that enterprises should respect the right of dealers and agents in the host country to set their own pricing according to law and regulations, and do a good job of compliance supervision of dealers and agents. When granting sales incentives to overseas distributors, agents, etc., clear and reasonable agreements shall be made in accordance with regulations, and the agreed obligations shall be fully fulfilled.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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