SHARE THIS ARTICLE

Audi will accept punishment from Chinese authorities for breaching anti-monopoly laws in the world's largest car market.

An investigation by Chinese authorities found that Audi's dealer arm, FAW-Volkswagen Sales Co., had "violated national anti-monopoly laws," the automaker said in an statement e-mailed to Automotive News Europe.

Audi said Tuesday that it and FAW-VW "closely cooperated with the investigation and will accept a penalty."



Read Article


Audi Admits No Wrongdoing But Will Accept Punishment From Chinese Over Anti-Monopoly Laws

About the Author

Agent009

User Comments

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]