SHANGHAI (Reuters) -- China's corruption watchdog said today it is investigating one former and one current executive at Volkswagen Group's Chinese venture, FAW-Volkswagen Automotive Co. Ltd., for "seriously violating the law."
The announcement, posted on the website of the Central Commission for Discipline Inspection of the Communist Party of China, identified the two as former deputy general manager Li Wu and Zhou Chun, deputy general manager of the joint venture's Audi sales division.
Officials at Volkswagen in China, FAW and FAW-Volkswagen could not be reached for comment. Efforts to reach Li and Zhou for comment were unsuccessful.
The statement said the investigation comes after the watchdog recently launched a special inspection at FAW Group Corp.
The joint venture with state-owned FAW is one of the two carmaking ventures the German automaker has in China.
Volkswagen's luxury brand, Audi, and other foreign brands including Daimler's Mercedes-Benz and Chrysler have been under investigation in China over their pricing practices as Beijing steps up enforcement of its anti-monopoly laws.
Earlier this month the National Development and Reform Commission (NDRC), China's price regulator, said it would punish Audi and Chrysler for monopoly practices.
It's not known if the two probes are related.