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  The regulatory authorities will specially regulate the bundled insurance sales of 4S stores.

  Previously, due to the "Mercedes-Benz" time triggered 4s stores to charge financial services fees is reasonable triggered a heated debate among the whole people. What seems to be an ordinary rights incident has changed the hidden rules of the automobile sales industry for many years. After the financial service fee, the behavior of 4S store bundling insurance will also be punished. According to relevant media, in order to effectively safeguard the rights and interests of consumers and effectively deal with market chaos such as bundled car insurance, the regulatory department decided to carry out special rectification work on bundled insurance by concurrent-business agencies in 4S stores. The target of this rectification is 4S stores with concurrent-business insurance agency business license under local jurisdiction, with the goal of safeguarding consumers' rights and interests and standardizing market order.

  Sales 4S store 2019-08-11
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  The former vice president of Evergrande was expelled from the party!

  On April 4, Jiang Liming, former director of the supervision department of rural small and medium-sized financial institutions of the China Banking Regulatory Commission, was expelled from the party on suspicion of serious violations of discipline and the law, according to the discipline inspection and supervision team of the Central Commission for discipline Inspection in China and the Heilongjiang Provincial discipline Inspection Commission. After investigation, Jiang Liming seriously violated political discipline

  China Evergrande Liming Cash Bank Group Supervision Management member Finance Company Committee Institution Supervision and Management Banking 2023-04-04
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  Mercedes-Benz was named by the Banking Insurance Supervision Bureau, how to avoid the pit to buy a car?

  A few days ago, the Consumer Rights Protection Bureau of the China Banking and Insurance Regulatory Commission (hereinafter referred to as the "Bancassurance Regulatory Bureau") issued a circular on the infringement of the legitimate rights and interests of consumers by Mercedes-Benz Auto Finance Co., Ltd. The investigation of the Bancassurance Regulatory Bureau shows that Mercedes-Benz Auto Finance Co., Ltd. (hereinafter referred to as Mercedes-Benz Finance) has a number of tort acts such as "publicity materials do not clearly specify the provider of loan products" and "service price information disclosure does not meet the requirements". Subsequently, Mercedes-Benz responded by modestly accepting the advice and guidance put forward by regulators. For ordinary consumers, buying a car is a happy thing, but it is often because of some fees and.

  Mercedes Benz 2022-02-13
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  The car insurance business of 111 institutions across the country has been suspended under a large-scale car insurance crackdown.

  Since the beginning of this year, regulators have taken more severe punishment measures to start a large-scale car insurance rectification action in view of the illegal and illegal activities related to the business of car insurance institutions. According to the Shanghai Securities News, in the first three quarters of this year, the Bancassurance Regulatory Bureau investigated and suspended 111 institutions' car insurance business across the country, of which 87 were fined more than 17 million yuan. In the first three quarters of 2019, 28 bancassurance regulatory bureaus imposed regulatory measures on 111 institutions to stop using commercial car insurance terms and rates. Among them, there are 2 provincial institutions, 4 municipal institutions separately listed in the plan, 98 prefecture-level municipal institutions and 7 county-level institutions. These branches come from 28 legal persons.

  Automobile insurance 2019-10-27
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  Bancassurance Regulatory Commission: car dealers shall not operate automobile consumer loan guarantee business without approval.

  On October 23, the China Banking and Insurance Regulatory Commission issued the Circular on issuing Supplementary provisions on the Supervision and Management of financing guarantee companies, which clearly stipulates that "car dealers shall not engage in automobile consumer loan guarantee business without approval." The Supplementary provisions require that without the approval of the supervision and administration department, automobile dealers, automobile sales service providers and other institutions shall not engage in automobile consumption loan guarantee business, and the stock business that has been carried out shall be properly settled; if it is really necessary to carry out relevant business, a financing guarantee company shall be established to operate the relevant business in accordance with the provisions of the regulations. To the existence of illegal operation, serious infringement on the legitimate rights and interests of consumers (guarantor).

  Car loan 2019-10-23
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  After the ideal, Weilai Xiaopeng was included in the "pre-picked card list"!

  On May 4, 2022, the Securities and Exchange Regulatory Commission (SEC) added 88 Chinese stocks to the "pre-picked" list, including Huaneng International, Aluminum Corporation of China, bilibili, pinduoduo, 36 Krypton, Tencent Music, Ctrip, Xiaopeng Automobile, JD.com, China Mobile,

  Company list United States Enterprise Automobile Trading China Market Regulation Hong Kong ideal Xiaopeng status Audit influence 2022-05-05
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  The Regulatory Authority is involved! Nissan recalled nearly 60,000 vehicles

  On December 23, the State Administration of Market Supervision and Administration issued a notice that Nissan (China) Investment Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the regulations on the recall of defective Automobile products and the measures for the implementation of the regulations on the recall of defective Automobile products. Since December 2023

  Automobile Nidi Safety part Dongfeng Import Market China Management Brand date Solstice production Product Company 2022-12-24
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  Tesla apologized late at night! The Municipal Regulatory Bureau ordered the unconditional provision of driving data.

  Tesla, who refused to compromise, finally apologized! On the evening of April 20, Tesla issued a public apology and apologized for failing to solve the problem of car owners in time. Tesla wrote in the article that he respects and firmly obeys the decisions of relevant government departments, respects consumers, abides by laws and regulations, and resolutely and actively cooperates with all investigations by relevant government departments. Tesla has set up a special handling team to try his best to meet the demands of car owners and strive for the satisfaction of car owners. Tesla said that in order to make up for the discomfort of car owners to the maximum extent and adversely affect their car experience and life, Tesla is always willing to do his best to work with the car.

  Tesla 2021-04-21
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  Airbag hidden trouble! Regulatory authority intervenes in SAIC GM to recall Ankore / explorers

  On June 21, the State Administration of Market Supervision and Administration issued the latest recall announcement. According to the announcement, SAIC General Motors Co., Ltd. has filed a recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the regulations on the Administration of defective Automobile products recall and the measures for the implementation of defective Automobile products recall regulations. Will be called

  Chevy Chevrolet Automotive Safety Market Model vehicle Management Hidden trouble Module defect scope sales Control airbag 2023-06-22
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  Jin Zheyong, chairman of Zhongtai, and other senior executives received a warning letter from Zhejiang Securities Regulatory Bureau.

  Manufacturing base stopped production, sales fell sharply, performance losses are large, Zhongtai automobile empire is teetering. Recently, due to the untimely and inaccurate disclosure of financial information, Zhongtai Chairman Jin Zheyong and other senior executives were named and warned. On July 28, Zhongtai Automobile announced that the company and related personnel recently received a "decision on issuing warning letters to Zhongtai Automobile Co., Ltd. And related personnel" issued by Zhejiang Regulatory Bureau of China Securities Regulatory Commission. After investigation, Zhejiang Securities Regulatory Bureau found that Zhongtai Automobile has the following problems: 1. January 20, 2020, the company disclosed "2019 performance notice."

  Zhongtai Automobile Jin Zheyong 2020-07-28
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  Or terminate the listing! A car dealer was put on file for investigation.

  On May 27th, * ST announced that Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "the company") received the notice of filing a case of China Securities Regulatory Commission (CSRC) issued by China Securities Regulatory Commission (CSRC) on May 26, 2023 (serial number: CSRC filing word).

  Huge Group Company Automobile Stock performance Dealer China announcement Investor Investment Survey net profit net profit Securities Supervision 2023-05-27
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  The company was administratively fined 500000 yuan for illegally charging car loan service fees.

  Since the beginning of this year, the car loan business violations have been severely investigated and dealt with, and a number of companies have been punished one after another. On November 27th, the China Banking and Insurance Regulatory Commission issued an administrative penalty decision, which showed that Shanghai Dongzheng Auto Finance Co., Ltd. charged for loans when it handled part of its loan business from June 2018 to March 2019. According to Article 16 of the measures for punishment for Financial violations, the Shanghai Banking and Insurance Regulatory Bureau decided on November 9 to impose a warning on Dongzheng Financial and fined 500000 yuan. According to data, Dongzheng Financial was established in March 2015 and is the first domestic distributor approved by the China Banking and Insurance Regulatory Commission.

  Auto loan auto industry 2019-11-29
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  To crack down on fraudulent consumption and compulsory consumption, Shaanxi Market Regulatory Bureau first launched law enforcement action.

  Affected by the Xi'an Mercedes-Benz incident, the "inside story" of charges in the automobile sales industry was exposed, causing great shock and repercussions in the national automobile distribution industry. Today, Shaanxi Province, where the incident is located, decided to launch a chaotic law enforcement action in the consumer sector, and the eyebrows quickly spread to the whole country. The Shaanxi Provincial Market Supervision and Administration Bureau issued the Circular on carrying out Special Law Enforcement actions in the Field of Automobile consumption, requiring Market Supervision and Administration and other organizations to vigorously regulate chaos in the field of automobile consumption, and to carry out special law enforcement actions in the field of automobile consumption throughout the province, focusing on investigating and dealing with six kinds of illegal acts suspected of fraudulent consumption and compulsory consumption for a period of two months. Specific matters include investigation and punishment.

  Automobile 2019-04-16
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  The Regulatory Authority is involved! More than 170000 BMWs 5 Series recall

  On January 17, brilliance BMW Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration in accordance with the regulations on the Administration of defective Automobile products recall and the measures for the implementation of defective Automobile products recall regulations. Recall from September 2, 2019 to December 26, 2020

  BMW models New cars cars brilliance Power engine appearance Market defects sales Management Design medium term products 2023-01-17
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  BYD Semiconductor has been suspended from listing!

  According to the gem listing audit information public website, because the issuer law firm Beijing Tianyuan Law firm was filed for investigation by the China Securities Regulatory Commission, the Shenzhen Stock Exchange suspended the listing examination of BYD Semiconductor according to the relevant regulations. It is understood that the suspension of the listing process of BYD Semiconductor is based on Article 64 of the rules for the examination and approval of Stock issuance and listing on the growth Enterprise Market of the Shenzhen Stock Exchange: the sponsor or signed sponsor representative of the issuer, the securities service agency or the relevant signatory is suspected of violating the law and regulations due to the initial public offering and listing, the issuance of securities by listed companies, mergers and acquisitions, or other business violations.

  BYD 2021-08-22
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  Tesla was publicly criticized: such unreasonable and arrogant behavior should not be used to.

  After the General Administration intervened in the investigation, Tesla recalled 30, 000 cars because of the quality risks of broken connecting rods and bolts, which had been repeatedly complained by users. It is worth noting that this recall is the largest recall ever conducted by Tesla in China. Tesla claimed a "voluntary" recall in China, but abroad he threw the pot at Chinese car owners, accusing them of improper use. This move caused strong dissatisfaction in the state media and issued a public criticism of Tesla. On November 3, a commentary by the Xinhua News Agency attracted attention under the headline "Tesla's malicious dumping of the pot is unreasonable arrogance to Chinese consumers." The article points out that the cars are already in the middle.

  Tesla 2020-11-04
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  After the radio anchor was angry at the 4S store, the Municipal Regulatory Bureau immediately cracked down on the "industry rules" to pry up the whole industry.

  Anhui Bozhou Dongyuan Dongfeng Honda 4S store incident contracted these two days of social hot spots, many times on the hot search national attention, the video is very popular on social platforms. The focus of the incident was the attitude problem in the conversation between the radio host and the 4S store sales manager about "returning the renewal deposit", when the sales manager asked the radio host three times, "who are you?" And became popular. And behind the revelation of illegal collection of renewal deposits is a major event in the car sales industry, radio hosts or 4S store sales managers, they have taken practical actions to pry the interests of the entire industry. Bozhou industry and commerce and market supervision department staff told the media, 17.

  Car sales Dongfeng Honda 2020-05-18
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  Daimler was fined $957 million for 684000 vehicles violating regulatory requirements for emissions fraud

  German prosecutors said on Tuesday that Daimler, the parent company of Mercedes-Benz, would be fined 870 million euros ($957 million) for violating regulatory requirements by selling about 684000 vehicles that did not comply with nitrogen oxide emissions. Prosecutors in Stuttgart, Germany, said the fine on Daimler had no impact on ongoing lawsuits involving individuals manipulating engine software used by some of Daimler's diesel cars. At the same time, Daimler said in a statement that the company will keep its profit forecast unchanged and will not take other legal action, a penalty that resolved Daimler Group in Germany.

  Daimler fined for emissions fraud 2019-09-25
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  Volvo's new car went to the nest for seven times in a row, and the Municipal Regulatory Administration intervened.

  Recently, Mr. Tian, the owner of a car in Heze, Shandong Province, reflected to the media that a new Volvo S90 car he bought could not start for up to seven times in a row. In view of the fact that the car was newly purchased, he applied for a return to the 4S store, but was rejected. This made Mr. Tian feel very angry, and then Heze Economic Development District Market Regulatory Bureau

  Vehicle maintenance problem sir quality Heze Wall Volvo product fault supervision personnel market situation open area 2022-06-06
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  New rules of Municipal Supervision Bureau: car OTA upgrade to eliminate defects is also a recall

  With the rapid development of new energy vehicles, pure electric vehicles have become a choice for more and more potential consumers. However, since the electric vehicle does not involve the engine, its operation is mainly controlled by the driving computer, and most of the vehicle failures are the same. In this regard, the Municipal Regulatory Bureau issued new rules a few days ago, automobile OTA upgrade to eliminate defects is also a recall.

  Automobile 2020-11-25