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Lexus Fine China Latest Videos

Lexus Fine China Latest News

  • China's market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a document on its website. The decision comes as China steps up-regulation over auto sales in the world's biggest vehicle market, where more than 28 million cars were sold last year. The anti-monopoly Bureau of State Administration for Market Regulation said that between 2015 and 2018, the Japanese carmaker set a minimum sales and resale price for its cars in coastal Jiangsu province, which deprived dealers of pricing autonomy and harmed customers' rights. Lexus also fixed sales strategies in the region over the period, including offering customers discounts while asking them to purchase accessories at fixed prices, a sales tactic usual among individual auto dealers in China but frowned upon for carmakers.
    China Fines Toyota 87.6 Million Yuan Over Lexus Price-Fixing

Reviews

  • When it comes to the luxury segment, the mainstream options have gotten, well, too mainstream. So, if you want something unique, here are two choices that may have never crossed your mind before.
    Lexus NX 350h vs Mercedes-Benz EQB 350: Luxury Electric or Luxury Hybrid?
  • Japanese Luxury carmaker Lexus has launched the new generation of its flagship SUV, the LX in the Indian market. The car has arrived with a new design, many more features and just a Diesel engine option. But is it worth Rs. 3 crore? We take it out for a drive
    2023 Lexus LX 500d Review: Grandeur Rewritten
  • Japanese luxury carmaker Lexus is set to launch the new generation of its luxury MPV, the LM in India. Before that we drive the car to tell you how has it changed.
    2024 Lexus LM Review: One Of A Kind Luxury MPV
  • Despite being the entry point to the brand, the 450S is every bit an Ather, but it also makes its better-equipped sibling look like great value.
    Ather 450S Review: A Fine Entry E-Scooter That’s Also A Clever Upsell
  • Tesla's Shanghai plant in December cut output by about a third from November, and extended a Lunar New Year holiday period for workers in January, to cope with rising inventory.
    Tesla Sales Of China-Made Electric Vehicles Up 18% In January