Gasgoo.com (Shanghai September 22) - Due to Volkswagen's recent purchase of German truck company MAN SE, The Ministry of Commerce has officially begun investigating the German manufacturer for possible violation of the country's Anti-Monopoly Law, China Business News reported today.

VW acquired a 55.9% voting stake and 53.7% of the share capital in MAN earlier, and hopes to merge the company with the Swedish Scania to create Europe's largest truck manufacturer, able to compete with Daimler and Volvo's truck businesses.

According to industry consensus, VW's decision to takeover MAN was because the manufacturer believes in the bright future of the truck industry globally and in China as well. MAN has technological partnerships with several companies in the country, including an agreement made with Sinotruck in 2009.

Source:gasgoo