In the wake of recent heightened anti-monopoly investigations
and enforcement in the PRC auto industry, there have been a number
of new regulations being passed by the legislators particularly in
the auto distribution and aftermarket sector. It is envisaged that
a new regulatory framework over auto distribution and aftermarket
may take shape in the near future.
- New Legislative Developments
(1) Abolishment of the SAIC Record-filing of Auto Brand
Authorized Dealers
On July 31, 2014, the State Administration for Industry and
Commerce (the "SAIC") published an
Announcement on the Abolishment of Implementation of Record-filing
of Automobile General Distributor and Automobile Brand Authorized
Dealer ("SAIC Abolishment Notice").
According to the SAIC Abolishment Notice, the record-filing of the
Automobile General Distributor and the Automobile Brand Authorized
Dealer with competent SAIC, which has been implemented for almost a
decade, will be abolished starting