“Rules on Responsibility for Repair, Replacement and Return of Household Automobile Products” (“Rules”) has been promulgated

On Dec. 29, 2012, Rules has been promulgated, which will be taken into effect on Oct. 1, 2013. It has stipulated the obligations of manufacturer, seller and repairer; responsibilities of 3 guarantees; waiver of the responsibilities of 3 guarantees; settlement of disputes; and penalty of manufacturer. It has also stipulated the term of 3 guarantees, the valid period for return or change, the term and standard for repair, the term and standard for replacement and return, the reasonable compensation undertaken by the consumers and etc. under a quantization principle.