Chrysler, Audi under investigation: report

Antitrust investigations of Chrysler and Audi will soon come to an end and the two automakers have been found of monopoly practices in China, National Business Daily reported Wednesday.

The probes were made by Shanghai Municipal Development and Reform Commission and the Hubei Bureau of Price Supervision, respectively, according to the report.

US carmaker Chrysler announced on Tuesday to cut prices of some cars and parts in China, with an average of 20 percent in retail prices.

The price cut is not only a return for customers' long-time supports to Jeep, Chrysler and Dodge (three brands sold by Chrysler China), but also in response to investigations by China's anti-monopoly regulators, said the report, quoting unnamed sources from the automaker.

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