Overview
- China’s State Administration for Market Regulation released a consultation draft on December 12 setting clearer rules for auto pricing conduct and internal compliance.
- Seres said it will upgrade price‑compliance systems across product pricing, dealer management and promotions while banning below‑cost sales, false marketing and price opacity.
- JAC stated it will reject price fraud and unfair competition and will accept regulatory and public oversight to help maintain market order.
- China FAW pledged to enforce fair‑competition principles, strengthen internal price management and play a leading role as a central state‑owned enterprise.
- Earlier statements from XPeng, BAIC, BYD, Chery, Changan, Great Wall Motor, Leapmotor and Dongfeng also supported the draft, which remains open for public comment.