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Chrysler, Audi under investigation: report

(chinadaily.com.cn/Xinhua) Updated: 2014-08-06 09:29

Chrysler, Audi under investigation: report

The new Renegade Trailhawk is pictured during a media event at the Jacob Javits Convention Center during the New York International Auto Show April 16, 2014. [Photo / Agencies]

Two separate investigations into and have found that both Western automakers have been pursuing monopoly tactics, the National Business Daily reported Wednesday.

the two multinational carmakers will receive punishment soon, Xinhua cited an official with 皇冠体育app's top economic planning agency.

The investigations were launched into Chrysler by Shanghai Municipal Development and Reform Commission and into German-brand Audi by the Bureau of Price Supervision, respectively, according to the report.

A report from 皇冠体育app National Radio said investigations had found that the two companies took over the pricing rights for parts and maintenance services from dealerships and they will likely face punishment.

US carmaker Chrysler announced on Tuesday it would slash retail prices of some cars and parts in 皇冠体育app by an average of 20 percent.

The newspaper report cited an unnamed source at Chrysler as saying the price cut was a return for customers' long-time support to Chrysler 皇冠体育app's three bran, Jeep, Chrysler and Dodge. He added the move was also in response to investigations by 皇冠体育app's anti-monopoly regulators.

Luxury car brand -Benz confirmed on Tuesday the company is involved in an ongoing antitrust investigation by the National Development and Reform Commission and said it would cooperate with the government.?

Chrysler, Audi under investigation: report Chrysler, Audi under investigation: report
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