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Volkswagen's Skoda open to partnerships on India low-cost car: CEO Maier

After cooperation talks with India's Tata Motors failed

Reuters  |  Frankfurt 

Volkswagen's Skoda division remains open to teaming up with other players to help meet cost targets to build a low-cost car for emerging markets, its chief executive said, after cooperation talks with India's Tata Motors collapsed. Skoda, commissioned by Volkswagen (VW) to explore an entry-level car platform with a focus on India, and Tata last month said talks had ended after their cooperation failed to hit cost-savings goals. While the German group's Czech arm has since been assessing unilaterally whether VW's MQB A0 platform could form the basis for a low-cost ...

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First Published: Thu, September 14 2017. 15:51 IST