China to fine Audi $40 million for breaking monopoly law
China will fine German premium auto brand Audi around 250 million yuan (USD 40.63 million) for violating anti-monopoly laws, the 21st Century Business Herald, an influential business daily, reported on Thursday.
Aug 14, 2014, 09:20 AM IST
Auto production, sales in China dips to 4.4 percent in May
The automobile production and sales in China has dropped 4.4 percent in May from April this year, marking the second month-on-month decline in a row in the world's biggest automobile market, an industry group said today.
Jun 10, 2014, 22:28 PM IST