CRI听力:China Investigating Carmakers over Pricing

The multi-billion auto industry in China may be next on the government's list of targets to address price fixing.

Reuters is reporting the China Automobile Dealers Association, the representative of car dealers nationwide, has been collecting data for the National Development and Reform Commission since last year in connection with the investigation.

It is believed the NDRC has been probing whether automakers are setting minimum retail prices for dealers in China.

Internal sources have revealed the association is looking at imported cars along with vehicles produced by foreign companies in association with local partners.

Data on overseas and domestic prices of different brands, profit margins, costs for carmakers and taxes levied on vehicles are also being collected.

For more on this, we're joined live now by Benjamin Cavender, Associate principal at China Market Research in Shanghai.