The European Commission has approved plans by two Volkswagen subsidiaries and Hahn & Lang, a car dealer, for a joint venture to buy car dealerships.

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Reuters said that VW’s Volkswagen Synko and Auto Synko and Hahn & Lang, both of Germany, plan the venture to purchase Audi Zentrum Stuttgart and Hahn & Lang Automobile and VW Automobile Stuttgart.


Audi Stuttgart and VW Automotible Stuttgart distribute new and used cars and spare parts and accessories. Hahn and Lang already has partial ownership of the Audi and VW dealerships.


“The Commission’s examination established that there were no competition concerns in the markets for the production and sale of new passenger cars and of original spare parts,” the Commission said in a statement cited by Reuters.

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